Mainstream Capital Management LLC Buys New Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Mainstream Capital Management LLC purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 90 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors have also added to or reduced their stakes in the business. Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $27,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $33,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. raised its stake in Vanguard Mega Cap Growth ETF by 25.0% during the 4th 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 Price Performance

MGK opened at $328.46 on Wednesday. The company has a 50 day simple moving average of $348.08 and a two-hundred day simple moving average of $335.01. The firm has a market cap of $24.12 billion, a P/E ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64.

Vanguard Mega Cap Growth ETF Company 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.