Vanguard Information Technology ETF $VGT Shares Purchased by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 47.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,116 shares of the exchange traded fund’s stock after acquiring an additional 1,955 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.7% of New Wave Wealth Advisors LLC’s portfolio, making the stock its 16th biggest holding. New Wave Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,566,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares in the last quarter. Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $31,000. Kilter Group LLC acquired a new position in Vanguard Information Technology ETF in the second quarter worth approximately $37,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF in the second quarter valued at $40,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $40,000.

Vanguard Information Technology ETF Stock Up 0.8%

Shares of NYSEARCA VGT opened at $754.25 on Friday. The stock’s fifty day simple moving average is $754.71 and its 200 day simple moving average is $734.17. The stock has a market capitalization of $112.87 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. 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.