Inspirion Wealth Advisors LLC Has $1.45 Million Position in Vanguard Information Technology ETF $VGT

Inspirion Wealth Advisors LLC raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 881.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,373 shares of the exchange traded fund’s stock after buying an additional 11,112 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,450,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Systematic Alpha Investments LLC boosted its stake in Vanguard Information Technology ETF by 700.0% during the 1st quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock worth $459,379,000 after acquiring an additional 576,100 shares during the last quarter. Focus Partners Wealth grew its holdings in Vanguard Information Technology ETF by 78.8% during the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after purchasing an additional 571,488 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Vanguard Information Technology ETF by 642.9% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 351,436 shares of the exchange traded fund’s stock valued at $42,004,000 after purchasing an additional 304,127 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after purchasing an additional 252,341 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Vanguard Information Technology ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock valued at $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT opened at $119.72 on Thursday. The firm’s fifty day moving average is $116.65 and its two-hundred day moving average is $103.85. The firm has a market cap of $146.77 billion, a PE ratio of 34.55 and a beta of 1.34. 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.