Prospera Financial Services Inc Has $12.21 Million Position in Vanguard Information Technology ETF $VGT

Prospera Financial Services Inc grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 560.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 102,093 shares of the exchange traded fund’s stock after acquiring an additional 86,642 shares during the period. Prospera Financial Services Inc’s holdings in Vanguard Information Technology ETF were worth $12,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Vanguard Information Technology ETF by 497.4% in 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 bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. RHL Group LLC acquired a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Up 1.1%

Shares of NYSEARCA:VGT opened at $122.99 on Friday. Vanguard Information Technology ETF has a 12-month low of $83.09 and a 12-month high of $126.00. The business has a 50 day moving average of $116.44 and a 200-day moving average of $104.99. The stock has a market cap of $150.77 billion, a PE ratio of 34.55 and a beta of 1.34.

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.