Clare Market Investments LLC lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 727.8% during the 2nd quarter, Holdings Channel reports. The firm owned 10,761 shares of the exchange traded fund’s stock after purchasing an additional 9,461 shares during the period. Clare Market Investments LLC’s holdings in Vanguard Information Technology ETF were worth $1,286,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Folger Nolan Fleming Douglas Capital Management Inc. increased its stake in Vanguard Information Technology ETF by 690.1% during the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock worth $164,724,000 after acquiring an additional 1,203,781 shares during the period. Armstrong Advisory Group Inc. lifted its position in shares of Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock valued at $122,775,000 after acquiring an additional 899,479 shares during the period. Systematic Alpha Investments LLC lifted its position in shares of Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after acquiring an additional 576,100 shares during the period. Focus Partners Wealth grew its holdings in shares of Vanguard Information Technology ETF by 78.8% during the 4th 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 in the last quarter. Finally, Spire Wealth Management grew its holdings in shares of Vanguard Information Technology ETF by 669.8% during the 2nd quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after purchasing an additional 500,833 shares in the last quarter.
Vanguard Information Technology ETF Stock Performance
Shares of NYSEARCA VGT opened at $118.80 on Thursday. The stock has a market capitalization of $145.64 billion, a P/E ratio of 34.55 and a beta of 1.34. The stock’s fifty day moving average is $116.91 and its 200 day moving average is $105.69. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00.
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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