MPS Loria Financial Planners LLC Has $1.06 Million Holdings in Vanguard Information Technology ETF $VGT

MPS Loria Financial Planners LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 8,886 shares of the exchange traded fund’s stock after buying an additional 7,776 shares during the period. Vanguard Information Technology ETF makes up 0.2% of MPS Loria Financial Planners LLC’s holdings, making the stock its 22nd biggest holding. MPS Loria Financial Planners LLC’s holdings in Vanguard Information Technology ETF were worth $1,062,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares 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. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $118.36 on Friday. The stock’s 50-day moving average is $116.96 and its 200 day moving average is $105.87. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The firm has a market cap of $145.10 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.