Prime Capital Investment Advisors LLC Reduces Stock Position in Vanguard Mega Cap Growth ETF $MGK

Prime Capital Investment Advisors LLC lessened its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 301,428 shares of the company’s stock after selling 35,733 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 1.5% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 15th largest holding. Prime Capital Investment Advisors LLC owned 0.39% of Vanguard Mega Cap Growth ETF worth $121,301,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth $28,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at about $30,000. Dynamic Wealth Strategies LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth about $44,000. North Star Investment Management Corp. increased its position in Vanguard Mega Cap Growth ETF by 182.1% during the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 463.6% during the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock worth $45,000 after purchasing an additional 102 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK opened at $385.09 on Friday. The company’s 50-day moving average is $410.84 and its two-hundred day moving average is $401.79. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80. The firm has a market capitalization of $30.21 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.