Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stake Raised by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,612 shares of the company’s stock after buying an additional 1,033 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 1.4% of Prosperity Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest holding. Prosperity Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,301,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $27,000. Mainstream Capital Management LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $31,000. Peterson Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Copley Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $40,000.

Vanguard Mega Cap Growth ETF Stock Down 0.3 %

Vanguard Mega Cap Growth ETF stock opened at $309.56 on Wednesday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The company’s fifty day simple moving average is $344.44 and its 200-day simple moving average is $335.25. The stock has a market cap of $22.69 billion, a P/E ratio of 36.87 and a beta of 1.15.

Vanguard Mega Cap Growth ETF 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.