Summit X LLC Sells 100 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Summit X LLC trimmed its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 975 shares of the company’s stock after selling 100 shares during the quarter. Summit X LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of MGK. Cassaday & Co Wealth Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 2.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock worth $1,150,762,000 after buying an additional 74,966 shares during the last quarter. Captrust Financial Advisors increased its holdings in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after purchasing an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 0.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after purchasing an additional 2,623 shares in the last quarter. Finally, Angeles Wealth Management LLC increased its holdings in Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Angeles Wealth Management LLC now owns 518,675 shares of the company’s stock worth $178,118,000 after purchasing an additional 26,072 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.3 %

Shares of MGK opened at $313.68 on Thursday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64. The business has a 50-day simple moving average of $344.44 and a two-hundred day simple moving average of $335.25. The stock has a market cap of $22.99 billion, a PE ratio of 36.87 and a beta of 1.15.

About Vanguard Mega Cap Growth ETF

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.