Johnson Investment Counsel Inc. Increases Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Johnson Investment Counsel Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 51.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,465 shares of the company’s stock after acquiring an additional 842 shares during the period. Johnson Investment Counsel Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $847,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $27,000. Mainstream Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $31,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at $33,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $313.68 on Thursday. The business’s 50-day moving average is $344.44 and its two-hundred day moving average is $335.25. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The firm has a market capitalization of $22.99 billion, a PE ratio of 36.87 and a beta of 1.15.

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.