PCA Investment Advisory Services Inc. Acquires Shares of 16,309 Vanguard Information Technology ETF $VGT

PCA Investment Advisory Services Inc. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,309 shares of the exchange traded fund’s stock, valued at approximately $1,949,000. Vanguard Information Technology ETF makes up approximately 0.5% of PCA Investment Advisory Services Inc.’s portfolio, making the stock its 18th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF in 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 second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares during the last quarter. Wells Financial Advisors INC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth about $29,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Down 0.8%

Shares of VGT opened at $118.80 on Thursday. The company has a market capitalization of $145.64 billion, a P/E ratio of 34.55 and a beta of 1.34. The firm has a 50 day moving average of $116.91 and a 200 day moving average of $105.69. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00.

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.