Promus Capital LLC Raises Stock Holdings in Vanguard Information Technology ETF $VGT

Promus Capital LLC boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2,239.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,784 shares of the exchange traded fund’s stock after purchasing an additional 2,665 shares during the period. Vanguard Information Technology ETF makes up about 1.2% of Promus Capital LLC’s holdings, making the stock its 16th largest holding. Promus Capital LLC’s holdings in Vanguard Information Technology ETF were worth $1,847,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. PDS Planning Inc lifted its stake in shares of Vanguard Information Technology ETF by 1.0% during the second quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock valued at $1,043,000 after buying an additional 15 shares during the period. Chesapeake Wealth Management lifted its stake in shares of Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock worth $1,019,000 after purchasing an additional 15 shares during the period. Wescott Financial Advisory Group LLC lifted its stake in shares of Vanguard Information Technology ETF by 3.1% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 531 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 16 shares during the period. First National Advisers LLC boosted its holdings in shares of Vanguard Information Technology ETF by 3.8% during the second quarter. First National Advisers LLC now owns 435 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 16 shares during the last quarter. Finally, National Wealth Management Group LLC grew its position in shares of Vanguard Information Technology ETF by 0.4% in the first quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock valued at $2,215,000 after purchasing an additional 17 shares during the period.

Vanguard Information Technology ETF Trading Down 2.9%

NYSEARCA VGT opened at $753.93 on Friday. The business’s 50-day moving average price is $761.46 and its 200 day moving average price is $710.36. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The company has a market capitalization of $111.54 billion, a PE ratio of 34.55 and a beta of 1.25.

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).