Proficio Capital Partners LLC Has $26.23 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Proficio Capital Partners LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 351.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,180 shares of the exchange traded fund’s stock after acquiring an additional 32,827 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $26,228,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its position in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the period. JPMorgan Chase & Co. raised its position in shares of Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Serenus Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $38,429,000. Finally, Apollon Wealth Management LLC raised its position in shares of Vanguard Information Technology ETF by 1,843.1% during the fourth quarter. Apollon Wealth Management LLC now owns 62,955 shares of the exchange traded fund’s stock worth $39,145,000 after purchasing an additional 59,715 shares during the period.

Vanguard Information Technology ETF Stock Up 1.6 %

Shares of NYSEARCA:VGT opened at $598.48 on Friday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock’s 50 day moving average is $626.13 and its 200-day moving average is $606.49. The firm has a market capitalization of $83.08 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

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).