JFS Wealth Advisors LLC Raises Stock Position in Vanguard Information Technology ETF $VGT

JFS Wealth Advisors LLC grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 664.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,520 shares of the exchange traded fund’s stock after buying an additional 5,667 shares during the period. JFS Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $779,000 at the end of the most recent reporting period.

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

Vanguard Information Technology ETF Trading Up 1.2%

Shares of VGT opened at $121.60 on Thursday. The company’s 50 day simple moving average is $116.43 and its 200-day simple moving average is $104.78. The firm has a market cap of $149.07 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00.

Vanguard Information Technology ETF 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.