Renaissance Technologies LLC Invests $6.22 Million in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Renaissance Technologies LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, Holdings Channel.com reports. The firm bought 18,100 shares of the company’s stock, valued at approximately $6,216,000.

Several other institutional investors and hedge funds have also bought and sold shares of MGK. Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $27,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth $30,000. Mainstream Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $31,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $40,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $292.51 on Friday. The firm has a market capitalization of $21.27 billion, a price-to-earnings ratio of 32.92 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $358.64. The business has a 50 day simple moving average of $318.48 and a two-hundred day simple moving average of $332.96.

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.