Legacy Wealth Management LLC MS Has $768,000 Stake in Vanguard Information Technology ETF $VGT

Legacy Wealth Management LLC MS boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,428 shares of the exchange traded fund’s stock after acquiring an additional 5,625 shares during the quarter. Legacy Wealth Management LLC MS’s holdings in Vanguard Information Technology ETF were worth $768,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 497.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 194 shares in the last quarter. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $29,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $121.45 on Friday. The company has a market cap of $148.89 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52-week low of $83.09 and a 52-week high of $126.00. The stock has a 50-day simple moving average of $116.67 and a 200 day simple moving average of $104.14.

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). 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.