John A. Wolfe & Associates Inc. Purchases 30,322 Shares of Vanguard Information Technology ETF $VGT

John A. Wolfe & Associates Inc. lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 674.9% in the second quarter, HoldingsChannel reports. The firm owned 34,815 shares of the exchange traded fund’s stock after buying an additional 30,322 shares during the period. Vanguard Information Technology ETF makes up about 5.7% of John A. Wolfe & Associates Inc.’s portfolio, making the stock its 5th biggest holding. John A. Wolfe & Associates Inc.’s holdings in Vanguard Information Technology ETF were worth $4,161,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Bank of America Corp DE boosted its holdings in Vanguard Information Technology ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 693.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,421,267 shares of the exchange traded fund’s stock worth $289,390,000 after buying an additional 2,116,095 shares during the last quarter. Morgan Stanley raised its position in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after buying an additional 25,901 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock valued at $1,163,569,000 after buying an additional 18,634 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $122.56 on Friday. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00. The stock has a market capitalization of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34. The business’s 50 day moving average price is $116.58 and its 200 day moving average price is $105.11.

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.