Capital Advisors Inc. OK Purchases 44,477 Shares of Vanguard Information Technology ETF $VGT

Capital Advisors Inc. OK lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,831 shares of the exchange traded fund’s stock after buying an additional 44,477 shares during the quarter. Capital Advisors Inc. OK’s holdings in Vanguard Information Technology ETF were worth $6,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Florida Trust Wealth Management Co raised its position in shares of Vanguard Information Technology ETF by 725.8% in the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after acquiring an additional 19,104 shares in the last quarter. First Merchants Corp boosted its position in Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after purchasing an additional 292,331 shares in the last quarter. Innovative Wealth Building LLC boosted its position in Vanguard Information Technology ETF by 748.5% during the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after purchasing an additional 51,687 shares in the last quarter. Clark Asset Management LLC grew its stake in Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 5,014 shares during the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in Vanguard Information Technology ETF in the second quarter valued at about $491,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $120.07 on Friday. The company has a market capitalization of $147.20 billion, a PE ratio of 34.55 and a beta of 1.34. The company has a 50-day simple moving average of $116.96 and a two-hundred day simple moving average of $106.91. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $126.00.

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). 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.