Legacy Wealth Management LLC MS Has $768,000 Stake in Vanguard Information Technology ETF $VGT

Legacy Wealth Management LLC MS boosted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.5% in the second quarter, Holdings Channel reports. The firm owned 6,428 shares of the exchange traded fund’s stock after purchasing an additional 5,625 shares during the quarter. Legacy Wealth Management LLC MS’s holdings in Vanguard Information Technology ETF were worth $768,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 194 shares in the last quarter. Wells Financial Advisors INC acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $29,000. RHL Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $31,000. Finally, Jessup Wealth Management Inc bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $121.45 on Friday. The business’s 50-day simple moving average is $116.67 and its 200 day simple moving average is $104.14. 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 $148.89 billion, a PE 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.