Cherry Creek Investment Advisors Inc. Raises Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Cherry Creek Investment Advisors Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,444 shares of the company’s stock after buying an additional 123 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for about 1.1% of Cherry Creek Investment Advisors Inc.’s holdings, making the stock its 26th biggest holding. Cherry Creek Investment Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $2,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in MGK. AdvisorNet Financial Inc increased its stake in Vanguard Mega Cap Growth ETF by 453.9% during the first quarter. AdvisorNet Financial Inc now owns 637 shares of the company’s stock worth $182,000 after purchasing an additional 522 shares during the period. Brookstone Capital Management increased its position in shares of Vanguard Mega Cap Growth ETF by 1.4% in the 1st quarter. Brookstone Capital Management now owns 8,231 shares of the company’s stock valued at $2,359,000 after purchasing an additional 112 shares during the last quarter. Aspiriant LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at $205,000. Signet Financial Management LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 7.5% during the 1st quarter. Signet Financial Management LLC now owns 1,930 shares of the company’s stock worth $553,000 after acquiring an additional 135 shares in the last quarter. Finally, Procyon Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 11.5% in the first quarter. Procyon Advisors LLC now owns 4,488 shares of the company’s stock valued at $1,286,000 after purchasing an additional 464 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.6 %

MGK stock opened at $324.56 on Thursday. The company’s 50 day moving average is $317.26 and its two-hundred day moving average is $305.36. The stock has a market cap of $21.48 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $330.79.

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.