Prospera Financial Services Inc Buys 86,642 Shares of Vanguard Information Technology ETF $VGT

Prospera Financial Services Inc boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 560.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,093 shares of the exchange traded fund’s stock after purchasing an additional 86,642 shares during the period. Prospera Financial Services Inc’s holdings in Vanguard Information Technology ETF were worth $12,206,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of VGT. Armstrong Advisory Group Inc. raised its stake in shares of Vanguard Information Technology ETF by 704.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,027,235 shares of the exchange traded fund’s stock worth $122,775,000 after purchasing an additional 899,479 shares in the last quarter. Systematic Alpha Investments LLC boosted its holdings in shares of Vanguard Information Technology ETF by 700.0% in the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after buying an additional 576,100 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Vanguard Information Technology ETF by 78.8% in the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after buying an additional 571,488 shares in the last quarter. Spire Wealth Management grew its stake in shares of Vanguard Information Technology ETF by 669.8% in the second quarter. Spire Wealth Management now owns 575,609 shares of the exchange traded fund’s stock valued at $68,789,000 after buying an additional 500,833 shares in the last quarter. Finally, Trust Co. of Oklahoma grew its stake in shares of Vanguard Information Technology ETF by 696.9% in the second quarter. Trust Co. of Oklahoma now owns 483,407 shares of the exchange traded fund’s stock valued at $57,777,000 after buying an additional 422,744 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.1%

Shares of VGT opened at $122.99 on Friday. The company’s fifty day simple moving average is $116.44 and its 200 day simple moving average is $104.99. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company has a market cap of $150.77 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.