JM2 Capital Inc. Acquires 46,561 Shares of Vanguard Information Technology ETF $VGT

JM2 Capital Inc. raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 697.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,233 shares of the exchange traded fund’s stock after acquiring an additional 46,561 shares during the quarter. Vanguard Information Technology ETF comprises 4.4% of JM2 Capital Inc.’s portfolio, making the stock its 6th largest position. JM2 Capital Inc.’s holdings in Vanguard Information Technology ETF were worth $6,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted its stake in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the period. AQR Capital Management LLC grew its stake in shares of Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. increased its holdings in Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Vanguard Information Technology ETF by 17.9% in the second quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after buying an additional 149 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $122.56 on Monday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The firm has a market capitalization of $150.25 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business’s 50-day moving average price is $116.58 and its two-hundred day moving average price is $105.18.

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). 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.