ICA Group Wealth Management LLC Cuts Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ICA Group Wealth Management LLC decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 91.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 354 shares of the company’s stock after selling 4,032 shares during the quarter. ICA Group Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PSI Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $25,000. YHB Investment Advisors Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $29,000. Rothschild Investment LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $31,000. Global Wealth Strategies & Associates purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $30,000. Finally, Redmont Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $35,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $314.96 on Monday. Vanguard Mega Cap Growth ETF has a 1 year low of $218.10 and a 1 year high of $330.36. The company has a market capitalization of $20.85 billion, a PE ratio of 42.92 and a beta of 1.28. The business has a fifty day moving average price of $309.60 and a two-hundred day moving average price of $298.33.

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.