BTG Pactual Asset Management US LLC Buys 54,122 Shares of Vanguard Information Technology ETF $VGT

BTG Pactual Asset Management US LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 635.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,639 shares of the exchange traded fund’s stock after purchasing an additional 54,122 shares during the period. BTG Pactual Asset Management US LLC’s holdings in Vanguard Information Technology ETF were worth $7,487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in 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 buying an additional 194 shares during the period. RHL Group LLC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Finally, Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $120.07 on Monday. The business has a 50 day moving average of $116.96 and a 200 day moving average of $107.00. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The company has a market cap of $147.20 billion, a PE 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.