Envestnet Asset Management Inc. Sells 1,955 Shares of Vanguard Mega Cap Growth ETF $MGK

Envestnet Asset Management Inc. decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 670,407 shares of the company’s stock after selling 1,955 shares during the period. Envestnet Asset Management Inc. owned approximately 0.86% of Vanguard Mega Cap Growth ETF worth $269,785,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Vanguard Mega Cap Growth ETF by 139.5% in the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after purchasing an additional 879 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 127.3% during the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock worth $1,183,000 after purchasing an additional 2,145 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 1.4% in the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock valued at $33,138,000 after buying an additional 1,483 shares in the last quarter. DAVENPORT & Co LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 14.5% in the second quarter. DAVENPORT & Co LLC now owns 792 shares of the company’s stock valued at $290,000 after buying an additional 100 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 5.9% in the second quarter. Kingswood Wealth Advisors LLC now owns 1,800 shares of the company’s stock valued at $659,000 after buying an additional 100 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $385.09 on Friday. The business’s 50 day simple moving average is $410.84 and its 200 day simple 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 company has a market capitalization of $30.21 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.