Miracle Mile Advisors LLC Has $3.32 Million Holdings in Vanguard Information Technology ETF $VGT

Miracle Mile Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 48.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,443 shares of the exchange traded fund’s stock after acquiring an additional 1,455 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,317,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. grew its position in shares of Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $31,000. Kilter Group LLC bought a new position in Vanguard Information Technology ETF during the second quarter worth $37,000. Sawyer & Company Inc bought a new position in Vanguard Information Technology ETF during the second quarter worth $38,000. Finally, Rice Partnership LLC acquired a new position in Vanguard Information Technology ETF during the 2nd quarter valued at $40,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $753.78 on Friday. The firm has a fifty day moving average price of $761.29 and a two-hundred day moving average price of $722.83. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The company has a market cap of $111.52 billion, a PE ratio of 34.55 and a beta of 1.25.

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.