First Horizon Advisors Inc. Has $3.36 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

First Horizon Advisors Inc. trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,791 shares of the company’s stock after selling 2,502 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,362,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MGK. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $27,000. Peterson Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Copley Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Riggs Asset Managment Co. Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 25.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after acquiring an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 2.2 %

Vanguard Mega Cap Growth ETF stock opened at $347.93 on Monday. The company has a market capitalization of $25.55 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13. The stock’s 50 day moving average is $349.67 and its 200-day moving average is $333.51. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64.

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.