Simmons Bank Cuts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Simmons Bank trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,400 shares of the company’s stock after selling 125 shares during the quarter. Simmons Bank’s holdings in Vanguard Mega Cap Growth ETF were worth $481,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of MGK. Bank of Jackson Hole Trust purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth $27,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Copley Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $40,000. Finally, Pittenger & Anderson Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 25.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $332.44 on Friday. The business has a 50-day moving average price of $348.72 and a 200 day moving average price of $334.20. The company has a market capitalization of $24.41 billion, a P/E ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64.

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.