Mercer Global Advisors Inc. ADV Has $205.49 Million Stock Position in Vanguard Information Technology ETF $VGT

Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 689.0% during the third quarter, Holdings Channel reports. The firm owned 275,257 shares of the exchange traded fund’s stock after purchasing an additional 240,370 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Information Technology ETF were worth $205,489,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Caprock Group LLC bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth $4,314,000. AMI Investment Management Inc. raised its holdings in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock worth $50,173,000 after acquiring an additional 2,726 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Vanguard Information Technology ETF by 98.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock worth $4,723,000 after acquiring an additional 3,138 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in Vanguard Information Technology ETF by 2.8% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock worth $552,305,000 after acquiring an additional 20,182 shares during the last quarter. Finally, Asset Planning Services Inc. LA ADV bought a new stake in Vanguard Information Technology ETF during the third quarter valued at about $615,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $724.95 on Tuesday. The company has a market cap of $108.48 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock’s 50-day moving average is $742.94 and its 200-day moving average is $747.63. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

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.