Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is Leavell Investment Management Inc.’s 6th Largest Position

Leavell Investment Management Inc. increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 112,513 shares of the company’s stock after purchasing an additional 3,181 shares during the period. Vanguard Mega Cap Growth ETF makes up 1.8% of Leavell Investment Management Inc.’s holdings, making the stock its 6th biggest holding. Leavell Investment Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $36,223,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. LS Investment Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at $235,000. Concurrent Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 3.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 35,964 shares of the company’s stock valued at $11,579,000 after purchasing an additional 1,149 shares in the last quarter. Maia Wealth LLC bought a new position in Vanguard Mega Cap Growth ETF in the third quarter worth about $228,000. Flagship Private Wealth LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 0.8% in the third quarter. Flagship Private Wealth LLC now owns 11,760 shares of the company’s stock worth $3,786,000 after buying an additional 94 shares during the period. Finally, Falcon Wealth Planning boosted its position in Vanguard Mega Cap Growth ETF by 8.3% during the 3rd quarter. Falcon Wealth Planning now owns 167,958 shares of the company’s stock valued at $54,074,000 after acquiring an additional 12,862 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.2 %

Shares of NYSEARCA:MGK traded up $0.78 during trading on Friday, hitting $339.77. The stock had a trading volume of 72,965 shares, compared to its average volume of 339,279. The company has a market capitalization of $22.49 billion, a PE ratio of 42.92 and a beta of 1.28. The firm’s fifty day moving average is $320.18 and its 200 day moving average is $308.83. Vanguard Mega Cap Growth ETF has a 12 month low of $237.50 and a 12 month high of $339.98.

About Vanguard Mega Cap Growth ETF

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.