JPMorgan Chase & Co. Buys 16,971 Shares of Vanguard Mega Cap Growth ETF $MGK

JPMorgan Chase & Co. boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,293 shares of the company’s stock after purchasing an additional 16,971 shares during the quarter. JPMorgan Chase & Co. owned about 0.13% of Vanguard Mega Cap Growth ETF worth $40,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth $335,586,000. Assetmark Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 7.0% during the 3rd quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock worth $3,421,856,000 after acquiring an additional 558,602 shares during the last quarter. Osaic Holdings Inc. grew its position in Vanguard Mega Cap Growth ETF by 383.6% in the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after acquiring an additional 494,855 shares in the last quarter. Merit Financial Group LLC grew its position in Vanguard Mega Cap Growth ETF by 50.6% in the third quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock worth $216,916,000 after acquiring an additional 181,203 shares in the last quarter. Finally, UBS Group AG increased its stake in Vanguard Mega Cap Growth ETF by 12.6% in the third quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock valued at $439,009,000 after acquiring an additional 122,275 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 1.7%

NYSEARCA MGK opened at $370.63 on Friday. The stock’s 50-day simple moving average is $394.21 and its two-hundred day simple moving average is $403.05. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The company has a market capitalization of $29.07 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.