Redhawk Wealth Advisors Inc. raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 432.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 8,002 shares of the exchange traded fund’s stock after purchasing an additional 6,500 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $956,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 497.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares during the last quarter. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth $29,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Finally, Jessup Wealth Management Inc purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $31,000.
Vanguard Information Technology ETF Stock Down 0.1%
VGT opened at $120.17 on Wednesday. The stock has a market cap of $147.32 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The business’s fifty day simple moving average is $116.48 and its 200 day simple moving average is $104.59.
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.
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