Clarity Financial LLC Boosts Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Clarity Financial LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,221 shares of the company’s stock after acquiring an additional 310 shares during the period. Clarity Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,944,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Peterson Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth about $33,000. Copley Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $33,000. Bfsg LLC increased its position in Vanguard Mega Cap Growth ETF by 386.7% during the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after purchasing an additional 116 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $48,000. Finally, Valley National Advisers Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $55,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $349.82 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $265.99 and a 12 month high of $358.61. The stock has a market cap of $23.15 billion, a PE ratio of 42.92 and a beta of 1.28. The stock’s 50-day moving average is $347.53 and its two-hundred day moving average is $327.88.

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.