IVC Wealth Advisors LLC Grows Stock Holdings in Vanguard Information Technology ETF $VGT

IVC Wealth Advisors LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 962 shares of the exchange traded fund’s stock after acquiring an additional 100 shares during the period. IVC Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $638,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of Vanguard Information Technology ETF by 6.2% during the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after acquiring an additional 359,822 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $773,405,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Vanguard Information Technology ETF by 7.7% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 726,684 shares of the exchange traded fund’s stock valued at $394,139,000 after acquiring an additional 51,893 shares during the period. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $454,530,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Information Technology ETF by 8.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after acquiring an additional 50,870 shares during the period.

Vanguard Information Technology ETF Trading Down 0.3%

VGT stock opened at $755.67 on Friday. The firm has a 50 day moving average of $710.39 and a 200-day moving average of $636.51. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $762.83. The company has a market cap of $109.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).