Wealth Enhancement Advisory Services LLC Buys 3,777 Shares of Vanguard Information Technology ETF $VGT

Wealth Enhancement Advisory Services LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,335 shares of the exchange traded fund’s stock after purchasing an additional 3,777 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Information Technology ETF were worth $63,689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. China Universal Asset Management Co. Ltd. grew its holdings in shares of Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. bought a new position in Vanguard Information Technology ETF in the 2nd quarter valued at approximately $31,000. Kilter Group LLC purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at $37,000. Rice Partnership LLC bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth $40,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at $40,000.

Vanguard Information Technology ETF Stock Down 1.7%

Shares of NYSEARCA VGT traded down $13.03 during trading on Tuesday, reaching $745.92. 163,710 shares of the company traded hands, compared to its average volume of 520,804. The stock has a market capitalization of $111.62 billion, a PE ratio of 34.55 and a beta of 1.25. The firm has a 50 day simple moving average of $755.87 and a 200-day simple moving average of $733.47. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

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.