Vanguard Information Technology ETF $VGT Shares Acquired by Friday Financial

Friday Financial lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,512 shares of the exchange traded fund’s stock after buying an additional 4,823 shares during the quarter. Friday Financial’s holdings in Vanguard Information Technology ETF were worth $629,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares in the last quarter. Wells Financial Advisors INC purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $29,000. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $31,000. Finally, RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $121.45 on Monday. The company has a market capitalization of $148.89 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The stock has a 50-day moving average price of $116.67 and a 200 day moving average price of $104.21.

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.