MGK Stock Summary and Trading Ideas (Vanguard Mega Cap Growth ETF | ARCA:MGK)

Seeks to track the performance of the CRSP U.S. Mega Cap Growth Index. Employs a passively managed full-replication approach. Provides a convenient way to get diversified exposure to the largest growth stocks in the U.S. market.

Vanguard Mega Cap Growth ETF trades on the ARCA stock market under the symbol MGK.

As of April 19, 2024, MGK stock price declined to $267.84 with 485,496 million shares trading.

MGK has a beta of 1.17, meaning it tends to be more sensitive to market movements. MGK has a correlation of 0.82 to the broad based SPY ETF.

MGK has a market cap of $17.85 billion. This is considered a Large Cap stock.

In the last 3 years, MGK stock traded as high as $291.40 and as low as $165.89.

MGK has outperformed the market in the last year with a return of +31.4%, while the SPY ETF gained +21.2%. However, in the most recent history, MGK shares have underperformed the stock market with its stock returning +1.7% in the last 3 month period and -4.8% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

MGK support price is $271.52 and resistance is $277.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGK stock will trade within this expected range on the day.