JM2 Capital Inc. Purchases 46,561 Shares of Vanguard Information Technology ETF $VGT

JM2 Capital Inc. grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 697.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,233 shares of the exchange traded fund’s stock after purchasing an additional 46,561 shares during the period. Vanguard Information Technology ETF comprises about 4.4% of JM2 Capital Inc.’s portfolio, making the stock its 6th largest position. JM2 Capital Inc.’s holdings in Vanguard Information Technology ETF were worth $6,362,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Squared Financial LLC grew its holdings in shares of Vanguard Information Technology ETF by 701.7% in the 2nd quarter. Capital Squared Financial LLC now owns 13,588 shares of the exchange traded fund’s stock valued at $1,624,000 after buying an additional 11,893 shares during the period. OLD Second National Bank of Aurora raised its stake in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. OLD Second National Bank of Aurora now owns 480 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 420 shares during the period. Red Mountain Financial LLC lifted its holdings in Vanguard Information Technology ETF by 687.9% during the second quarter. Red Mountain Financial LLC now owns 7,201 shares of the exchange traded fund’s stock worth $861,000 after acquiring an additional 6,287 shares in the last quarter. Flywheel Private Wealth LLC lifted its holdings in Vanguard Information Technology ETF by 699.8% during the second quarter. Flywheel Private Wealth LLC now owns 5,087 shares of the exchange traded fund’s stock worth $608,000 after acquiring an additional 4,451 shares in the last quarter. Finally, October Effect Ltd grew its stake in Vanguard Information Technology ETF by 677.5% in the second quarter. October Effect Ltd now owns 7,954 shares of the exchange traded fund’s stock valued at $951,000 after acquiring an additional 6,931 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $122.56 on Monday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00. The business has a 50-day moving average of $116.58 and a two-hundred day moving average of $105.18. The company has a market capitalization of $150.25 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.