Alpha Financial Partners LLC Increases Stock Holdings in Vanguard Information Technology ETF $VGT

Alpha Financial Partners LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 35.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,990 shares of the exchange traded fund’s stock after buying an additional 522 shares during the quarter. Vanguard Information Technology ETF makes up approximately 1.0% of Alpha Financial Partners LLC’s portfolio, making the stock its 16th biggest holding. Alpha Financial Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,320,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter worth about $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter worth about $454,530,000. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock worth $3,322,550,000 after buying an additional 359,822 shares in the last quarter. Jones Financial Companies Lllp raised 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 valued at $47,911,000 after purchasing an additional 59,877 shares in the last quarter. Finally, SteelPeak Wealth LLC raised its stake in Vanguard Information Technology ETF by 348.1% in the first quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after purchasing an additional 56,819 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $736.33 on Friday. The firm’s 50 day simple moving average is $717.25 and its 200 day simple moving average is $643.08. The company has a market capitalization of $108.94 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $771.58.

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).