GWN Securities Inc. Makes New $5.72 Million Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

GWN Securities Inc. acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,951 shares of the exchange traded fund’s stock, valued at approximately $5,718,000. Vanguard Information Technology ETF comprises about 1.5% of GWN Securities Inc.’s investment portfolio, making the stock its 10th biggest position.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after buying an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after acquiring an additional 1,229,688 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after acquiring an additional 26,845 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Information Technology ETF during the 4th quarter valued at about $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the period.

Vanguard Information Technology ETF Stock Up 3.0 %

Shares of NYSEARCA:VGT opened at $563.01 on Friday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a market cap of $78.42 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. The business has a 50-day moving average price of $612.53 and a 200-day moving average price of $606.22.

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).