Elevation Point Wealth Partners LLC Has $7.93 Million Holdings in Vanguard Information Technology ETF $VGT

Elevation Point Wealth Partners LLC lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 162.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,372 shares of the exchange traded fund’s stock after purchasing an additional 7,043 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $7,934,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Jefferies Financial Group Inc. bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at approximately $1,680,300,000. Focus Partners Wealth raised its position in shares of Vanguard Information Technology ETF by 1,665.5% in the 3rd quarter. Focus Partners Wealth now owns 725,567 shares of the exchange traded fund’s stock worth $541,734,000 after acquiring an additional 684,470 shares in the last quarter. Strategic Investment Advisors MI acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $237,501,000. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 4.1% in the 4th 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 during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard Information Technology ETF by 689.0% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 275,257 shares of the exchange traded fund’s stock valued at $205,489,000 after purchasing an additional 240,370 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $114.64 on Friday. The business has a 50 day simple moving average of $114.42 and a 200 day simple moving average of $100.43. Vanguard Information Technology ETF has a one year low of $83.00 and a one year high of $126.00. The stock has a market capitalization of $139.46 billion, a P/E ratio of 34.55 and a beta of 1.34.

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.