Estate Counselors LLC Lowers Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Estate Counselors LLC lessened its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 73.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,080 shares of the company’s stock after selling 3,005 shares during the period. Estate Counselors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $348,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MGK. PSI Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth $25,000. Rothschild Investment LLC purchased a new position in Vanguard Mega Cap Growth ETF during the second quarter worth about $31,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $33,000. Redmont Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $35,000. Finally, Trifecta Capital Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at about $45,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $335.89 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $246.18 and a 1 year high of $342.22. The company’s 50 day simple moving average is $326.50 and its 200 day simple moving average is $313.66. The stock has a market capitalization of $22.23 billion, a PE ratio of 42.92 and a beta of 1.28.

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.