Vanguard Information Technology ETF $VGT Shares Acquired by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,992 shares of the exchange traded fund’s stock after purchasing an additional 30,618 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Vanguard Information Technology ETF were worth $4,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kingdom Financial Group LLC. acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Wells Financial Advisors INC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $29,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $31,000. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Finally, GW&K Investment Management LLC boosted its holdings in shares of Vanguard Information Technology ETF by 100.0% in the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $122.54 on Tuesday. The company’s fifty day moving average price is $116.69 and its 200-day moving average price is $105.36. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The firm has a market capitalization of $150.22 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.