Eclectic Associates Inc. ADV Has $630,000 Stock Position in Vanguard Information Technology ETF $VGT

Eclectic Associates Inc. ADV boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 475.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,269 shares of the exchange traded fund’s stock after acquiring an additional 4,353 shares during the quarter. Eclectic Associates Inc. ADV’s holdings in Vanguard Information Technology ETF were worth $630,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth $27,000. Wells Financial Advisors INC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $30,000. Semmax Financial Advisors Inc. bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $31,000. Finally, RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Stock Down 0.1%

Shares of VGT opened at $119.60 on Friday. The stock’s fifty day simple moving average is $116.66 and its 200-day simple moving average is $104.02. The firm has a market capitalization of $146.62 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.

Vanguard Information Technology ETF Company 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.