First Horizon Corp Acquires New Shares in Vanguard Mega Cap Growth ETF $MGK

First Horizon Corp acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 3,358 shares of the company’s stock, valued at approximately $1,351,000.

Other large investors also recently bought and sold shares of the company. Osaic Holdings Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 383.6% during the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after buying an additional 494,855 shares during the last quarter. Kensington Asset Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $95,863,000. Assetmark Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 2.9% during the 2nd quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock valued at $2,909,072,000 after acquiring an additional 227,615 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 6.0% during the second quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock worth $1,368,502,000 after acquiring an additional 211,907 shares during the last quarter. Finally, Merit Financial Group LLC raised its position in Vanguard Mega Cap Growth ETF by 50.6% during the third quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock worth $216,916,000 after acquiring an additional 181,203 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $415.62 on Tuesday. The company’s 50 day simple moving average is $412.19 and its 200-day simple moving average is $397.65. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $426.80. The firm has a market capitalization of $32.60 billion, a PE ratio of 37.33 and a beta of 1.18.

Vanguard Mega Cap Growth ETF 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.