Fifth Third Securities Inc. Has $1.96 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Fifth Third Securities Inc. lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,714 shares of the company’s stock after selling 598 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,962,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. SOL Capital Management CO increased its stake in Vanguard Mega Cap Growth ETF by 2.2% in the fourth quarter. SOL Capital Management CO now owns 32,984 shares of the company’s stock valued at $11,327,000 after acquiring an additional 697 shares during the period. Synergy Asset Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $76,000. Legacy Trust bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $207,000. Baring Financial LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $4,302,000. Finally, Ferguson Shapiro LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 7.9% during the 4th quarter. Ferguson Shapiro LLC now owns 34,885 shares of the company’s stock worth $11,980,000 after buying an additional 2,565 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $348.18 on Friday. The business’s fifty day moving average price is $347.78 and its two-hundred day moving average price is $328.04. Vanguard Mega Cap Growth ETF has a fifty-two week low of $265.99 and a fifty-two week high of $358.61. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.