Krilogy Financial LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 698.7% in the second quarter, HoldingsChannel reports. The firm owned 18,489 shares of the exchange traded fund’s stock after purchasing an additional 16,174 shares during the quarter. Krilogy Financial LLC’s holdings in Vanguard Information Technology ETF were worth $2,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Folger Nolan Fleming Douglas Capital Management Inc. raised its position in shares of Vanguard Information Technology ETF by 690.1% in the second quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,378,210 shares of the exchange traded fund’s stock valued at $164,724,000 after purchasing an additional 1,203,781 shares during the period. Armstrong Advisory Group Inc. grew its stake in Vanguard Information Technology ETF by 704.1% in 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 buying an additional 899,479 shares during the last quarter. Systematic Alpha Investments LLC raised its holdings in 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 valued at $459,379,000 after acquiring an additional 576,100 shares during the period. Focus Partners Wealth lifted its position in 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 acquiring an additional 571,488 shares during the last quarter. Finally, Spire Wealth Management lifted its position in Vanguard Information Technology ETF by 669.8% during the second quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock worth $68,789,000 after acquiring an additional 500,833 shares during the last quarter.
Vanguard Information Technology ETF Trading Down 0.8%
Vanguard Information Technology ETF stock opened at $118.80 on Thursday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock’s 50 day moving average is $116.91 and its 200-day moving average is $105.69. The company has a market capitalization of $145.64 billion, a price-to-earnings 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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