M.E. Allison & CO. Inc. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 690.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,909 shares of the exchange traded fund’s stock after buying an additional 8,656 shares during the period. M.E. Allison & CO. Inc.’s holdings in Vanguard Information Technology ETF were worth $1,184,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $31,000.
Vanguard Information Technology ETF Trading Down 0.4%
VGT stock opened at $119.72 on Thursday. The firm has a 50 day moving average of $116.65 and a 200-day moving average of $103.85. The company has a market cap of $146.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.
About Vanguard Information Technology ETF
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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.
See Also
- Five stocks we like better than Vanguard Information Technology ETF
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for Vanguard Information Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Information Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
