MPS Loria Financial Planners LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 700.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,886 shares of the exchange traded fund’s stock after acquiring an additional 7,776 shares during the quarter. Vanguard Information Technology ETF makes up about 0.2% of MPS Loria Financial Planners LLC’s portfolio, making the stock its 22nd largest holding. MPS Loria Financial Planners LLC’s holdings in Vanguard Information Technology ETF were worth $1,062,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in Vanguard Information Technology ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after buying an additional 252,341 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after buying an additional 2,116,095 shares during the period. Morgan Stanley grew its position in shares of Vanguard Information Technology ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after buying an additional 25,901 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Vanguard Information Technology ETF by 1.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock valued at $1,163,569,000 after buying an additional 18,634 shares during the last quarter.
Vanguard Information Technology ETF Trading Down 0.4%
Shares of VGT stock opened at $118.36 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The stock has a market cap of $145.10 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock has a 50-day moving average of $116.96 and a 200-day moving average of $105.87.
Vanguard Information Technology ETF 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). 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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