Summit X LLC Has $500,000 Stake in Vanguard Information Technology ETF $VGT

Summit X LLC lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 100.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 754 shares of the exchange traded fund’s stock after acquiring an additional 377 shares during the period. Summit X LLC’s holdings in Vanguard Information Technology ETF were worth $500,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VGT. BankPlus Trust Department increased its stake in shares of Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 44 shares during the period. Sawyer & Company Inc acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at approximately $38,000. Rice Partnership LLC bought a new position in Vanguard Information Technology ETF in the 2nd quarter worth approximately $40,000. Blume Capital Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 25 shares during the last quarter. Finally, Evermay Wealth Management LLC boosted its position in shares of Vanguard Information Technology ETF by 300.0% in the first quarter. Evermay Wealth Management LLC now owns 100 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 75 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $761.37 on Monday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99. The firm has a market capitalization of $112.64 billion, a P/E ratio of 34.55 and a beta of 1.25. The company has a 50-day simple moving average of $747.14 and a 200-day simple moving average of $680.86.

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).