Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Hits New 52-Week High at $304.50

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) shares hit a new 52-week high on Tuesday . The stock traded as high as $304.50 and last traded at $303.59, with a volume of 62595 shares. The stock had previously closed at $303.21.

Vanguard Mega Cap Growth ETF Trading Up 0.5 %

The firm has a fifty day moving average of $286.30 and a two-hundred day moving average of $275.68. The company has a market cap of $20.18 billion, a PE ratio of 42.92 and a beta of 1.28.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of MGK. YHB Investment Advisors Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $29,000. Global Wealth Strategies & Associates bought a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $30,000. AdvisorNet Financial Inc bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $30,000. Scarborough Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $32,000. Finally, Criterion Capital Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $37,000.

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.