Richard P Slaughter Associates Inc Raises Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Richard P Slaughter Associates Inc grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,258 shares of the company’s stock after acquiring an additional 78 shares during the period. Richard P Slaughter Associates Inc’s holdings in Vanguard Mega Cap Growth ETF were worth $3,179,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MGK. Peterson Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter worth $33,000. Copley Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $33,000. Bfsg LLC increased its position in Vanguard Mega Cap Growth ETF by 386.7% during the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $48,000. Finally, Valley National Advisers Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Stock Down 0.5 %

Shares of MGK stock opened at $336.92 on Wednesday. The firm has a market cap of $22.30 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $257.42 and a 52-week high of $358.61. The company’s 50 day moving average is $344.61 and its 200 day moving average is $325.81.

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.