MGK - 59% of This Vanguard ETF Is Invested in the Magnificent Seven Stocks. Is It a No-Brainer Buy Right Now?
2024-03-24 06:50:00 ET
What's the biggest advantage of investing in an exchange-traded fund (ETF)? There are several possible answers. Arguably the best one is that ETFs provide an easy way to buy multiple great stocks in one fell swoop.
The Vanguard Mega Cap Growth Index Fund ETF (NYSEMKT: MGK) is a great example. Nearly 59% of this Vanguard ETF is invested in the so-called "Magnificent Seven" stocks .
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59% of This Vanguard ETF Is Invested in the "Magnificent Seven" Stocks. Is It a No-Brainer Buy Right Now?