SOL Capital Management CO Increases Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

SOL Capital Management CO raised its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.3% in the third quarter, Holdings Channel.com reports. The fund owned 32,287 shares of the company’s stock after purchasing an additional 735 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 1.2% of SOL Capital Management CO’s investment portfolio, making the stock its 21st biggest position. SOL Capital Management CO’s holdings in Vanguard Mega Cap Growth ETF were worth $10,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Angeles Investment Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 105.4% in the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after purchasing an additional 455,250 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 4,572.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after buying an additional 289,430 shares in the last quarter. Comerica Bank raised its holdings in shares of Vanguard Mega Cap Growth ETF by 325.4% in the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock valued at $112,877,000 after buying an additional 274,801 shares during the period. Facet Wealth Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the 1st quarter worth about $70,804,000. Finally, RFP Financial Group LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 592.1% during the 3rd quarter. RFP Financial Group LLC now owns 119,122 shares of the company’s stock valued at $38,351,000 after acquiring an additional 101,910 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $324.56 on Thursday. The firm has a market capitalization of $21.48 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1 year low of $218.10 and a 1 year high of $330.79. The firm’s 50-day moving average is $317.26 and its two-hundred day moving average is $305.36.

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.