Mirae Asset Global Investments Co. Ltd. Purchases 10,420 Shares of Vanguard Mega Cap Growth ETF $MGK

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,950 shares of the company’s stock after acquiring an additional 10,420 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard Mega Cap Growth ETF were worth $22,318,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MGK. Brighton Jones LLC raised its position in Vanguard Mega Cap Growth ETF by 139.5% during the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after acquiring an additional 879 shares in the last quarter. Signal Advisors Wealth LLC raised its position in Vanguard Mega Cap Growth ETF by 55.4% during the first quarter. Signal Advisors Wealth LLC now owns 1,153 shares of the company’s stock worth $356,000 after acquiring an additional 411 shares in the last quarter. City State Bank raised its position in Vanguard Mega Cap Growth ETF by 33.3% during the first quarter. City State Bank now owns 2,061 shares of the company’s stock worth $637,000 after acquiring an additional 515 shares in the last quarter. Flagship Private Wealth LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 4.5% in the first quarter. Flagship Private Wealth LLC now owns 12,675 shares of the company’s stock valued at $3,915,000 after purchasing an additional 550 shares during the period. Finally, Park Avenue Securities LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 23.0% in the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock valued at $564,000 after purchasing an additional 341 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $403.68 on Friday. The firm has a market capitalization of $30.92 billion, a PE ratio of 37.33 and a beta of 1.11. The company’s 50-day moving average is $389.42 and its 200-day moving average is $354.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $406.88.

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.