MCF Advisors LLC Buys 4,380 Shares of Vanguard Information Technology ETF $VGT

MCF Advisors LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 669.7% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,034 shares of the exchange traded fund’s stock after purchasing an additional 4,380 shares during the period. MCF Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $602,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VGT. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $27,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. GW&K Investment Management LLC grew its stake in 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 valued at $32,000 after acquiring an additional 21 shares in the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $31,000.

Vanguard Information Technology ETF Trading Down 1.0%

Vanguard Information Technology ETF stock opened at $119.63 on Friday. The firm’s 50 day simple moving average is $117.65 and its 200 day simple moving average is $108.80. The firm has a market capitalization of $146.66 billion, a PE ratio of 34.55 and a beta of 1.35. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

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.