Gallacher Capital Management LLC Has $1.12 Million Position in Vanguard Information Technology ETF $VGT

Gallacher Capital Management LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,685 shares of the exchange traded fund’s stock after selling 481 shares during the quarter. Gallacher Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,118,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VGT. JPMorgan Chase & Co. grew its position in Vanguard Information Technology ETF by 6.2% in the 1st quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after purchasing an additional 359,822 shares during the period. GAMMA Investing LLC lifted its stake in Vanguard Information Technology ETF by 54,138.1% during the 1st quarter. GAMMA Investing LLC now owns 216,410 shares of the exchange traded fund’s stock valued at $117,376,000 after acquiring an additional 216,011 shares in the last quarter. Two Sigma Investments LP lifted its stake in Vanguard Information Technology ETF by 84.1% during the 4th quarter. Two Sigma Investments LP now owns 137,500 shares of the exchange traded fund’s stock valued at $85,498,000 after acquiring an additional 62,800 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Vanguard Information Technology ETF by 210.4% during the 1st quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after acquiring an additional 59,877 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its stake in Vanguard Information Technology ETF by 348.1% during the 1st quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after acquiring an additional 56,819 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.1%

Shares of NYSEARCA:VGT opened at $719.57 on Monday. The stock’s fifty day simple moving average is $691.76 and its two-hundred day simple moving average is $618.75. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $721.45. The stock has a market cap of $102.14 billion, a PE ratio of 34.55 and a beta of 1.16.

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).