Comerica Bank Boosts Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Comerica Bank grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 325.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 359,241 shares of the company’s stock after acquiring an additional 274,801 shares during the period. Comerica Bank’s holdings in Vanguard Mega Cap Growth ETF were worth $112,877,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. PSI Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $25,000. YHB Investment Advisors Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth about $29,000. Rothschild Investment LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $31,000. Global Wealth Strategies & Associates acquired a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth about $30,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $35,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $320.34 on Friday. The firm has a 50-day simple moving average of $308.90 and a two-hundred day simple moving average of $300.54. The company has a market cap of $21.20 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $330.36.

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.