Kovack Advisors Inc. Buys 250 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Kovack Advisors Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,209 shares of the company’s stock after acquiring an additional 250 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,162,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $27,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 25.0% in the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.4 %

NYSEARCA:MGK opened at $341.51 on Thursday. The stock has a market capitalization of $25.08 billion, a PE ratio of 41.72 and a beta of 1.13. The firm’s 50 day moving average is $348.98 and its 200 day moving average is $334.21. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64.

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.