12,505 Shares in Vanguard Information Technology ETF $VGT Bought by Maloon Powers Pitre Higgins & Dennehy LLC

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,505 shares of the exchange traded fund’s stock, valued at approximately $1,495,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in 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. Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $31,000. RHL Group LLC acquired a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $31,000. Finally, Jessup Wealth Management Inc bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $121.27 on Friday. The firm has a market capitalization of $148.67 billion, a P/E ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The stock has a 50 day moving average price of $117.35 and a two-hundred day moving average price of $107.87.

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). 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.