JPMorgan Chase & Co. Grows Stock Position in Vanguard Mega Cap Growth ETF $MGK

JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,293 shares of the company’s stock after acquiring an additional 16,971 shares during the quarter. JPMorgan Chase & Co. owned 0.13% of Vanguard Mega Cap Growth ETF worth $40,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. raised its position in Vanguard Mega Cap Growth ETF by 159.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock valued at $27,179,000 after purchasing an additional 45,667 shares during the last quarter. First Horizon Corp bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at about $1,351,000. Beaumont Asset Management L.L.C. increased its position in shares of Vanguard Mega Cap Growth ETF by 271.2% during the third quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock valued at $2,508,000 after buying an additional 4,554 shares during the period. DT Investment Partners LLC boosted its position in Vanguard Mega Cap Growth ETF by 4,887.2% during the 3rd quarter. DT Investment Partners LLC now owns 89,421 shares of the company’s stock valued at $35,985,000 after acquiring an additional 87,628 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 9.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 36,652 shares of the company’s stock worth $14,749,000 after acquiring an additional 3,046 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $390.51 on Friday. The firm has a market capitalization of $30.63 billion, a P/E ratio of 37.33 and a beta of 1.18. The stock has a 50 day moving average price of $403.91 and a 200-day moving average price of $402.95. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80.

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.