SPC Financial Inc. Takes $8.41 Million Position in Vanguard Mega Cap Growth ETF $MGK

SPC Financial Inc. purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,902 shares of the company’s stock, valued at approximately $8,411,000.

A number of other institutional investors have also recently made changes to their positions in MGK. U.S. Capital Wealth Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 1.3% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock valued at $779,000 after buying an additional 25 shares during the period. Latitude Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.5% during the third quarter. Latitude Advisors LLC now owns 1,723 shares of the company’s stock worth $693,000 after purchasing an additional 25 shares during the period. Horizon Investment Services LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 0.3% in the third quarter. Horizon Investment Services LLC now owns 9,923 shares of the company’s stock worth $3,993,000 after purchasing an additional 26 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 2.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,326 shares of the company’s stock valued at $488,000 after purchasing an additional 28 shares during the period. Finally, MGO One Seven LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 0.4% during the second quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock valued at $2,355,000 after buying an additional 28 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 2.2%

Shares of NYSEARCA MGK opened at $393.37 on Friday. The firm has a fifty day simple moving average of $410.42 and a two-hundred day simple moving average of $402.11. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $426.80. The firm has a market capitalization of $30.86 billion, a PE ratio of 37.33 and a beta of 1.18.

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.