Joule Financial LLC Has $4.13 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Joule Financial LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 102.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 7,613 shares of the exchange traded fund’s stock after purchasing an additional 3,852 shares during the period. Vanguard Information Technology ETF comprises approximately 1.4% of Joule Financial LLC’s holdings, making the stock its 11th largest holding. Joule Financial LLC’s holdings in Vanguard Information Technology ETF were worth $4,129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VGT. Zions Bancorporation N.A. lifted its position in shares of Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $27,000. Copia Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. Kentucky Trust Co acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth $31,000. Finally, Briaud Financial Planning Inc purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Trading Up 1.0%

NYSEARCA:VGT opened at $626.42 on Friday. The firm has a market capitalization of $88.34 billion, a price-to-earnings ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The business’s fifty day moving average price is $560.77 and its 200 day moving average price is $594.62.

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).