Hoffman Alan N Investment Management Has $1.24 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Hoffman Alan N Investment Management reduced its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,613 shares of the company’s stock after selling 305 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 0.6% of Hoffman Alan N Investment Management’s portfolio, making the stock its 8th biggest position. Hoffman Alan N Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $1,241,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Citizens Financial Group Inc. RI purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter worth $2,404,000. Renaissance Technologies LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 37.7% in the second quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock worth $2,985,000 after buying an additional 2,601 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 91.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,457 shares of the company’s stock worth $772,000 after buying an additional 1,173 shares in the last quarter. Clifford Group LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 98.6% in the second quarter. Clifford Group LLC now owns 27,279 shares of the company’s stock worth $8,571,000 after buying an additional 13,542 shares in the last quarter. Finally, Etfidea LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 4.3% in the second quarter. Etfidea LLC now owns 8,018 shares of the company’s stock worth $2,519,000 after buying an additional 332 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $336.92 on Wednesday. Vanguard Mega Cap Growth ETF has a 52-week low of $257.42 and a 52-week high of $358.61. The company has a market capitalization of $22.30 billion, a PE ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average is $344.39 and its 200 day moving average is $325.65.

Vanguard Mega Cap Growth ETF Profile

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.