Envestnet Asset Management Inc. Reduces Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Envestnet Asset Management Inc. decreased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 759,035 shares of the company’s stock after selling 69,169 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $238,496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mathes Company Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 0.3% in the first quarter. Mathes Company Inc. now owns 15,790 shares of the company’s stock worth $4,526,000 after acquiring an additional 40 shares during the period. CGN Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 5.4% during the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock valued at $250,000 after buying an additional 41 shares during the period. Csenge Advisory Group lifted its position in Vanguard Mega Cap Growth ETF by 0.9% during the second quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after buying an additional 42 shares during the period. Fortis Capital Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 3.5% during the first quarter. Fortis Capital Advisors LLC now owns 1,483 shares of the company’s stock valued at $425,000 after buying an additional 50 shares during the period. Finally, WMG Financial Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 6.4% during the second quarter. WMG Financial Advisors LLC now owns 849 shares of the company’s stock valued at $267,000 after buying an additional 51 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.3 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $314.96 on Friday. The firm has a market capitalization of $20.85 billion, a P/E ratio of 42.92 and a beta of 1.28. The business has a fifty day simple moving average of $309.60 and a two-hundred day simple moving average of $298.22. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month high of $330.36.

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.