Ferguson Wellman Capital Management Inc. Purchases 7,773 Shares of Vanguard Information Technology ETF $VGT

Ferguson Wellman Capital Management Inc. raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1,009.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 8,543 shares of the exchange traded fund’s stock after purchasing an additional 7,773 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $1,021,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 194 shares in the last quarter. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $31,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $120.07 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The stock’s 50-day moving average is $116.96 and its 200 day moving average is $106.91. The firm has a market cap of $147.20 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.