Proficio Capital Partners LLC Raises Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Proficio Capital Partners LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 34,241.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 393,204 shares of the company’s stock after acquiring an additional 392,059 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $135,030,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MGK. Oppenheimer & Co. Inc. grew its stake in Vanguard Mega Cap Growth ETF by 11.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after acquiring an additional 137 shares during the last quarter. Kovack Advisors Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% in the fourth quarter. Kovack Advisors Inc. now owns 9,209 shares of the company’s stock valued at $3,162,000 after purchasing an additional 250 shares in the last quarter. Apriem Advisors grew its position in shares of Vanguard Mega Cap Growth ETF by 43.8% in the fourth quarter. Apriem Advisors now owns 40,180 shares of the company’s stock valued at $13,798,000 after purchasing an additional 12,242 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 54.7% during the 4th quarter. Checchi Capital Advisers LLC now owns 16,319 shares of the company’s stock worth $5,604,000 after purchasing an additional 5,770 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $486,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $341.51 on Thursday. The stock’s 50 day moving average price is $348.98 and its 200 day moving average price is $334.21. The firm has a market cap of $25.08 billion, a P/E ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64.

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.