Icon Wealth Advisors LLC Trims Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Icon Wealth Advisors LLC cut its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,079 shares of the company’s stock after selling 166 shares during the period. Icon Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $347,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Financial Counselors Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 16.4% during the third quarter. Financial Counselors Inc. now owns 3,370 shares of the company’s stock valued at $1,085,000 after buying an additional 475 shares during the period. CreativeOne Wealth LLC grew its holdings in Vanguard Mega Cap Growth ETF by 185.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 4,971 shares of the company’s stock worth $1,601,000 after acquiring an additional 3,230 shares in the last quarter. FMR LLC increased its position in Vanguard Mega Cap Growth ETF by 12.7% during the 3rd quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares during the period. D.A. Davidson & CO. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 70,865 shares of the company’s stock valued at $22,815,000 after purchasing an additional 3,066 shares in the last quarter. Finally, Bank of Hawaii lifted its position in shares of Vanguard Mega Cap Growth ETF by 8.5% in the 3rd quarter. Bank of Hawaii now owns 8,626 shares of the company’s stock worth $2,777,000 after purchasing an additional 677 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.9 %

Shares of MGK stock opened at $340.02 on Friday. The firm has a market cap of $22.51 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $246.18 and a 52-week high of $342.22. The company’s 50 day moving average is $328.28 and its 200 day moving average is $314.90.

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.