AMI Investment Management Inc. Increases Position in Vanguard Information Technology ETF $VGT

AMI Investment Management Inc. lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,473 shares of the exchange traded fund’s stock after purchasing an additional 1,251 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 11.0% of AMI Investment Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. AMI Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $42,764,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in shares of Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock worth $3,322,550,000 after purchasing an additional 359,822 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $773,405,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Vanguard Information Technology ETF by 7.7% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 726,684 shares of the exchange traded fund’s stock worth $394,139,000 after purchasing an additional 51,893 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $454,530,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in Vanguard Information Technology ETF by 8.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock worth $338,123,000 after acquiring an additional 50,870 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.7%

NYSEARCA VGT opened at $768.02 on Thursday. The firm’s fifty day moving average price is $714.47 and its two-hundred day moving average price is $640.10. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $768.09. The firm has a market capitalization of $110.80 billion, a P/E ratio of 34.55 and a beta of 1.16.

Vanguard Information Technology ETF Company 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).