Elevation Point Wealth Partners LLC Has $7.93 Million Stock Holdings in Vanguard Information Technology ETF $VGT

Elevation Point Wealth Partners LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 162.7% in the 1st quarter, HoldingsChannel reports. The fund owned 11,372 shares of the exchange traded fund’s stock after buying an additional 7,043 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $7,934,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of Vanguard Information Technology ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in Vanguard Information Technology ETF in the third quarter worth about $1,680,300,000. Morgan Stanley grew its holdings in Vanguard Information Technology ETF by 1.2% during the fourth 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 period. Wells Fargo & Company MN grew its stake in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after acquiring an additional 18,634 shares during the period. Finally, LPL Financial LLC lifted its holdings in Vanguard Information Technology ETF by 3.1% during the fourth 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 last quarter.

Vanguard Information Technology ETF Stock Down 2.2%

Shares of NYSEARCA:VGT opened at $114.64 on Friday. The firm has a market capitalization of $139.46 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50-day moving average price of $114.42 and a two-hundred day moving average price of $100.43. Vanguard Information Technology ETF has a twelve month low of $83.00 and a twelve month high of $126.00.

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.