Kestra Private Wealth Services LLC Decreases Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Kestra Private Wealth Services LLC decreased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,289 shares of the company’s stock after selling 16,539 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $17,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $81,857,000. American Trust raised its position in Vanguard Mega Cap Growth ETF by 291.7% in the 3rd quarter. American Trust now owns 221,623 shares of the company’s stock worth $50,286,000 after purchasing an additional 165,038 shares during the period. Assetmark Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 1.7% in the third quarter. Assetmark Inc. now owns 6,641,918 shares of the company’s stock worth $1,507,051,000 after purchasing an additional 108,476 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 22,983.4% during the fourth quarter. International Assets Investment Management LLC now owns 104,106 shares of the company’s stock valued at $27,017,000 after buying an additional 103,655 shares during the period. Finally, DT Investment Partners LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $22,790,000.

Vanguard Mega Cap Growth ETF Trading Up 0.3 %

Shares of MGK stock traded up $0.70 on Monday, reaching $278.62. 181,861 shares of the company’s stock were exchanged, compared to its average volume of 342,687. The company’s fifty day simple moving average is $282.58 and its 200 day simple moving average is $263.79. Vanguard Mega Cap Growth ETF has a 52 week low of $203.58 and a 52 week high of $291.40. The stock has a market capitalization of $18.53 billion, a PE ratio of 40.90 and a beta of 1.26.

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.