Markowski Investments purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 240,132 shares of the exchange traded fund’s stock, valued at approximately $28,701,000. Vanguard Information Technology ETF makes up about 6.3% of Markowski Investments’ investment portfolio, making the stock its 2nd largest holding.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 194 shares during the last quarter. Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $31,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.
Vanguard Information Technology ETF Price Performance
NYSEARCA VGT opened at $121.27 on Friday. The business’s fifty day moving average is $117.35 and its 200-day moving average is $107.87. The stock has a market capitalization of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a one year low of $83.09 and a one year 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.
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