Peterson Financial Group Inc. Makes New $33,000 Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Peterson Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, HoldingsChannel reports. The firm purchased 103 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. PSI Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter worth $25,000. Rothschild Investment LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $31,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $35,000. Pineridge Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 115.7% during the first quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after purchasing an additional 81 shares during the period. Finally, Trifecta Capital Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $45,000.

Vanguard Mega Cap Growth ETF Stock Down 2.2 %

NYSEARCA:MGK opened at $331.20 on Friday. The company’s 50 day moving average is $323.93 and its 200-day moving average is $311.74. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12 month low of $246.18 and a 12 month high of $342.22.

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.