FineMark National Bank & Trust Increases Holdings in Vanguard Information Technology ETF $VGT

FineMark National Bank & Trust increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,503 shares of the exchange traded fund’s stock after buying an additional 785 shares during the quarter. FineMark National Bank & Trust’s holdings in Vanguard Information Technology ETF were worth $1,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter worth approximately $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Information Technology ETF in the 2nd quarter worth $454,530,000. JPMorgan Chase & Co. raised its position in Vanguard Information Technology ETF by 6.2% in the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock worth $3,322,550,000 after purchasing an additional 359,822 shares during the period. Jones Financial Companies Lllp lifted its stake in Vanguard Information Technology ETF by 210.4% in the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock worth $47,911,000 after purchasing an additional 59,877 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Information Technology ETF by 8.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after buying an additional 50,870 shares during the period.

Vanguard Information Technology ETF Trading Up 0.7%

NYSEARCA VGT opened at $737.57 on Thursday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The stock has a 50-day moving average of $756.11 and a 200-day moving average of $691.45. The firm has a market cap of $109.12 billion, a PE ratio of 34.55 and a beta of 1.25.

Vanguard Information Technology ETF Company Profile

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).