Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Position Boosted by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 23.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,073 shares of the company’s stock after purchasing an additional 10,445 shares during the quarter. Prospera Financial Services Inc owned 0.08% of Vanguard Mega Cap Growth ETF worth $17,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in MGK. VitalStone Financial LLC lifted its position in Vanguard Mega Cap Growth ETF by 1,738.5% in the 2nd quarter. VitalStone Financial LLC now owns 478 shares of the company’s stock worth $150,000 after buying an additional 452 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at $533,000. Tidal Investments LLC purchased a new position in Vanguard Mega Cap Growth ETF in the first quarter valued at about $1,167,000. Black Diamond Financial LLC increased its position in Vanguard Mega Cap Growth ETF by 2.9% in the 2nd quarter. Black Diamond Financial LLC now owns 139,636 shares of the company’s stock worth $43,875,000 after purchasing an additional 3,911 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 18.8% during the 1st quarter. Vanguard Group Inc. now owns 8,008 shares of the company’s stock worth $2,295,000 after purchasing an additional 1,268 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $332.54 on Tuesday. The company has a market capitalization of $22.01 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s 50 day moving average price is $324.53 and its 200 day moving average price is $312.41. Vanguard Mega Cap Growth ETF has a 52 week low of $246.18 and a 52 week high of $342.22.

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.