J.W. Cole Advisors Inc. Has $3.60 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

J.W. Cole Advisors Inc. lessened its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,883 shares of the company’s stock after selling 390 shares during the period. J.W. Cole Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Resurgent Financial Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $25,000. Authentikos Wealth Advisory LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $27,000. AdvisorNet Financial Inc bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $30,000. Winch Advisory Services LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 100.0% during the 4th quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock worth $43,000 after acquiring an additional 83 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC bought a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $45,000.

Vanguard Mega Cap Growth ETF Trading Down 2.4 %

Shares of NYSEARCA:MGK traded down $6.66 on Friday, hitting $267.84. The company had a trading volume of 490,504 shares, compared to its average volume of 338,091. The stock has a market cap of $17.81 billion, a price-to-earnings ratio of 42.52 and a beta of 1.11. The stock has a 50 day moving average price of $283.14 and a 200 day moving average price of $261.84. Vanguard Mega Cap Growth ETF has a 1-year low of $199.81 and a 1-year high of $291.40.

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.