Vanguard Information Technology ETF $VGT Stake Boosted by CoreCap Advisors LLC

CoreCap Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 704.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 154,381 shares of the exchange traded fund’s stock after purchasing an additional 135,186 shares during the quarter. CoreCap Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $18,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of Vanguard Information Technology ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after acquiring an additional 241,421 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after acquiring an additional 252,341 shares during the period. Morgan Stanley lifted its position in Vanguard Information Technology ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock valued at $1,621,574,000 after purchasing an additional 25,901 shares during the last quarter. Wells Fargo & Company MN lifted its position in Vanguard Information Technology ETF by 1.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock valued at $1,163,569,000 after purchasing an additional 18,634 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Vanguard Information Technology ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock valued at $981,363,000 after purchasing an additional 39,217 shares during the period.

Vanguard Information Technology ETF Stock Up 4.4%

Vanguard Information Technology ETF stock opened at $120.15 on Wednesday. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The firm has a market capitalization of $147.29 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm has a 50-day moving average price of $116.60 and a two-hundred day moving average price of $103.67.

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.