Prime Capital Investment Advisors LLC Has $108.65 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Prime Capital Investment Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 14.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 337,474 shares of the company’s stock after buying an additional 41,714 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for about 1.5% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 14th biggest holding. Prime Capital Investment Advisors LLC owned about 0.51% of Vanguard Mega Cap Growth ETF worth $108,650,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MGK. Assetmark Inc. grew its stake in Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard Mega Cap Growth ETF by 7.7% in the 2nd quarter. LPL Financial LLC now owns 960,362 shares of the company’s stock valued at $301,755,000 after acquiring an additional 68,840 shares in the last quarter. Angeles Investment Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 105.4% in the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after acquiring an additional 455,250 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 8.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 492,603 shares of the company’s stock valued at $158,593,000 after purchasing an additional 38,532 shares during the last quarter. Finally, Comerica Bank increased its stake in shares of Vanguard Mega Cap Growth ETF by 325.4% in the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock valued at $112,877,000 after purchasing an additional 274,801 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.2 %

Shares of MGK traded up $0.79 during midday trading on Tuesday, hitting $340.87. The company’s stock had a trading volume of 77,958 shares, compared to its average volume of 338,752. Vanguard Mega Cap Growth ETF has a one year low of $240.91 and a one year high of $341.31. The company’s fifty day simple moving average is $321.19 and its two-hundred day simple moving average is $310.27. The stock has a market capitalization of $22.56 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.