PFG Advisors Buys 310 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

PFG Advisors lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,593 shares of the company’s stock after acquiring an additional 310 shares during the period. PFG Advisors’ holdings in Vanguard Mega Cap Growth ETF were worth $890,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MGK. Bank of Jackson Hole Trust bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $27,000. Mainstream Capital Management LLC bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $31,000. Peterson Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at $33,000. Copley Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $40,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $307.43 on Friday. The firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The stock has a fifty day moving average of $343.85 and a 200 day moving average of $335.10.

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.