FC Advisory LLC Lowers Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

FC Advisory LLC reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.6% in the fourth quarter, Holdings Channel reports. The firm owned 100,440 shares of the company’s stock after selling 3,754 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 11.6% of FC Advisory LLC’s holdings, making the stock its biggest position. FC Advisory LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $34,492,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Peterson Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $33,000. Trifecta Capital Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $45,000. Bfsg LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter worth approximately $48,000.

Vanguard Mega Cap Growth ETF Stock Down 1.7 %

NYSEARCA MGK traded down $5.84 during trading hours on Tuesday, reaching $346.44. The company’s stock had a trading volume of 157,723 shares, compared to its average volume of 346,397. The firm’s 50-day moving average price is $342.60 and its 200-day moving average price is $324.64. Vanguard Mega Cap Growth ETF has a 1 year low of $252.40 and a 1 year high of $358.61. The company has a market capitalization of $22.93 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.