UNIVEST FINANCIAL Corp Purchases 30,474 Shares of Vanguard Mega Cap Growth ETF $MGK

UNIVEST FINANCIAL Corp lifted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 344.3% during the first quarter, Holdings Channel reports. The institutional investor owned 39,324 shares of the company’s stock after purchasing an additional 30,474 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 0.8% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 27th biggest position. UNIVEST FINANCIAL Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $14,449,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Assetmark Inc. increased its stake in Vanguard Mega Cap Growth ETF by 1.0% in the 4th quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after buying an additional 87,636 shares in the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after acquiring an additional 277,446 shares during the period. Captrust Financial Advisors grew its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the second quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after purchasing an additional 15,432 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 0.4% during the fourth quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock worth $484,531,000 after purchasing an additional 5,134 shares in the last quarter. Finally, UBS Group AG raised its stake in Vanguard Mega Cap Growth ETF by 0.8% during the 4th quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock valued at $454,056,000 after purchasing an additional 9,098 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.5%

NYSEARCA MGK traded up $0.46 during trading hours on Friday, reaching $89.06. The company’s stock had a trading volume of 1,415,313 shares, compared to its average volume of 2,362,092. The firm’s 50-day moving average price is $87.97 and its 200-day moving average price is $82.35. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38. The company has a market capitalization of $33.50 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.