Silicon Valley Capital Partners Cuts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Silicon Valley Capital Partners lessened its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,422 shares of the company’s stock after selling 122 shares during the quarter. Silicon Valley Capital Partners’ holdings in Vanguard Mega Cap Growth ETF were worth $3,236,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $33,000. Copley Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $33,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at $40,000. Bfsg LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 386.7% in the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after buying an additional 116 shares during the period. Finally, Valley National Advisers Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $55,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $348.69 on Monday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.61. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business has a fifty day moving average price of $348.91 and a 200 day moving average price of $329.46.

Vanguard Mega Cap Growth ETF Company Profile

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.