SOL Capital Management CO Acquires 697 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

SOL Capital Management CO boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,984 shares of the company’s stock after acquiring an additional 697 shares during the quarter. Vanguard Mega Cap Growth ETF makes up approximately 1.3% of SOL Capital Management CO’s holdings, making the stock its 20th biggest holding. SOL Capital Management CO’s holdings in Vanguard Mega Cap Growth ETF were worth $11,327,000 as of its most recent SEC filing.

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

Vanguard Mega Cap Growth ETF Stock Up 0.1 %

MGK stock opened at $349.82 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $265.99 and a twelve month high of $358.61. The company has a market cap of $23.15 billion, a P/E ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average is $347.53 and its 200-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.