Avior Wealth Management LLC Sells 1,797 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Avior Wealth Management LLC lowered its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 74,801 shares of the company’s stock after selling 1,797 shares during the period. Vanguard Mega Cap Growth ETF comprises about 1.0% of Avior Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. Avior Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $24,082,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. VitalStone Financial LLC increased its stake in Vanguard Mega Cap Growth ETF by 1,738.5% in the 2nd quarter. VitalStone Financial LLC now owns 478 shares of the company’s stock worth $150,000 after acquiring an additional 452 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter worth about $533,000. Tidal Investments LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $1,167,000. Black Diamond Financial LLC raised its stake in Vanguard Mega Cap Growth ETF by 2.9% in the second quarter. Black Diamond Financial LLC now owns 139,636 shares of the company’s stock valued at $43,875,000 after purchasing an additional 3,911 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Vanguard Mega Cap Growth ETF by 18.8% in the first quarter. Vanguard Group Inc. now owns 8,008 shares of the company’s stock valued at $2,295,000 after purchasing an additional 1,268 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $330.09 on Tuesday. The firm has a 50 day simple moving average of $324.53 and a two-hundred day simple moving average of $312.41. The stock has a market cap of $21.85 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a one year low of $246.18 and a one year high of $342.22.

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.