Markowski Investments Buys Shares of 240,132 Vanguard Information Technology ETF $VGT

Markowski Investments bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 240,132 shares of the exchange traded fund’s stock, valued at approximately $28,701,000. Vanguard Information Technology ETF makes up 6.3% of Markowski Investments’ portfolio, making the stock its 2nd largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. Kingdom Financial Group LLC. bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $27,000. RHL Group LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. GW&K Investment Management LLC raised its holdings in shares of Vanguard Information Technology ETF by 100.0% in the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 21 shares in the last quarter. Finally, Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $31,000.

Vanguard Information Technology ETF Trading Up 0.3%

Shares of NYSEARCA VGT opened at $121.27 on Friday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The firm has a market capitalization of $148.67 billion, a price-to-earnings ratio of 34.55 and a beta of 1.35. The business has a 50-day moving average of $117.35 and a 200-day moving average of $107.87.

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.