InTrack Investment Management Inc Purchases 4,787 Shares of Vanguard Information Technology ETF $VGT

InTrack Investment Management Inc lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 677.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,494 shares of the exchange traded fund’s stock after purchasing an additional 4,787 shares during the period. InTrack Investment Management Inc’s holdings in Vanguard Information Technology ETF were worth $657,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. First Merchants Corp boosted its holdings in shares of Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock worth $39,631,000 after buying an additional 292,331 shares during the period. Clark Asset Management LLC raised its holdings in Vanguard Information Technology ETF by 1,004.8% in the 2nd quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after acquiring an additional 5,014 shares during the period. Baron Financial Group LLC raised its holdings in Vanguard Information Technology ETF by 700.0% in the 2nd quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 4,396 shares during the period. Ballast Inc. raised its holdings in Vanguard Information Technology ETF by 848.4% in the 2nd quarter. Ballast Inc. now owns 50,009 shares of the exchange traded fund’s stock valued at $5,977,000 after acquiring an additional 44,736 shares during the period. Finally, Abound Wealth Management lifted its position in Vanguard Information Technology ETF by 668.5% during the second quarter. Abound Wealth Management now owns 5,103 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 4,439 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.3%

Shares of NYSEARCA:VGT opened at $122.56 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 $116.58 and a 200-day moving average of $105.11. The stock has a market cap of $150.25 billion, a PE ratio of 34.55 and a beta of 1.34.

About Vanguard Information Technology ETF

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.