Quad Cities Investment Group LLC raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 1,608.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,278 shares of the exchange traded fund’s stock after acquiring an additional 4,969 shares during the quarter. Quad Cities Investment Group LLC’s holdings in Vanguard Information Technology ETF were worth $631,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. Systematic Alpha Investments LLC increased its position in shares of Vanguard Information Technology ETF by 700.0% in the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after purchasing an additional 576,100 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock worth $977,603,000 after purchasing an additional 571,488 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Vanguard Information Technology ETF by 642.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 351,436 shares of the exchange traded fund’s stock worth $42,004,000 after purchasing an additional 304,127 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after purchasing an additional 252,341 shares in the last quarter. Finally, Bank of America Corp DE grew its stake 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 worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter.
Vanguard Information Technology ETF Stock Down 0.4%
Shares of Vanguard Information Technology ETF stock opened at $119.72 on Thursday. The business has a 50-day moving average price of $116.65 and a 200 day moving average price of $103.85. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The firm has a market cap of $146.77 billion, a P/E ratio of 34.55 and a beta of 1.34.
Vanguard Information Technology ETF Company 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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