L. Roy Papp & Associates LLP Grows Position in Vanguard Information Technology ETF $VGT

L. Roy Papp & Associates LLP lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,992 shares of the exchange traded fund’s stock after purchasing an additional 30,618 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Vanguard Information Technology ETF were worth $4,182,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VGT. Kingdom Financial Group LLC. acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Vanguard Information Technology ETF by 497.4% during 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 during the period. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. RHL Group LLC acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Jessup Wealth Management Inc purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000.

Vanguard Information Technology ETF Trading Down 0.0%

Shares of VGT opened at $122.54 on Tuesday. The firm has a market cap of $150.22 billion, a P/E 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. The stock’s 50 day moving average is $116.69 and its two-hundred day moving average is $105.36.

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.