Gray Wealth Management Inc. Has $1.57 Million Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gray Wealth Management Inc. lifted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,572 shares of the company’s stock after buying an additional 67 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,570,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $27,000. Mainstream Capital Management LLC acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $31,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth $33,000. Copley Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $315.29 on Monday. The business’s 50-day simple moving average is $342.49 and its 200-day simple moving average is $335.20. The firm has a market capitalization of $23.11 billion, a PE ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 52 week low of $266.99 and a 52 week high of $358.64.

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.