Vanguard Information Technology ETF $VGT Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,386 shares of the exchange traded fund’s stock after buying an additional 28 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $2,246,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of Vanguard Information Technology ETF by 6.2% in 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 buying an additional 359,822 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $773,405,000. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Vanguard Information Technology ETF by 7.7% in 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 buying an additional 51,893 shares during the last quarter. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $454,530,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Information Technology ETF by 8.9% in 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 buying an additional 50,870 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $790.95 on Friday. The firm’s fifty day moving average price is $737.61 and its 200 day moving average price is $667.36. The company has a market capitalization of $117.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99.

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).