Harel Insurance Investments & Financial Services Ltd. Purchases 2,116,095 Shares of Vanguard Information Technology ETF $VGT

Harel Insurance Investments & Financial Services Ltd. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 693.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,421,267 shares of the exchange traded fund’s stock after acquiring an additional 2,116,095 shares during the period. Vanguard Information Technology ETF accounts for approximately 1.4% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 20th largest holding. Harel Insurance Investments & Financial Services Ltd.’s holdings in Vanguard Information Technology ETF were worth $289,390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VGT. Kingdom Financial Group LLC. purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 during the 4th quarter valued at $29,000. RHL Group LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Finally, Jessup Wealth Management Inc bought a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Stock Down 0.4%

Shares of VGT opened at $118.36 on Friday. The business’s 50-day moving average price is $116.96 and its 200-day moving average price is $105.87. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The stock has a market cap of $145.10 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.