Inspire Advisors LLC Purchases 223 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Inspire Advisors LLC boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 26.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,065 shares of the exchange traded fund’s stock after purchasing an additional 223 shares during the quarter. Inspire Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $625,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Wulff Hansen & CO. raised its holdings in Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Information Technology ETF by 54,658.6% during the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after acquiring an additional 1,504,206 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Information Technology ETF by 5.9% during the second quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock valued at $669,938,000 after acquiring an additional 64,672 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Information Technology ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after acquiring an additional 17,933 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Information Technology ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after acquiring an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $603.36 on Friday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $610.06. The business has a fifty day moving average price of $574.51 and a 200-day moving average price of $555.25. The company has a market capitalization of $75.98 billion, a PE ratio of 36.30 and a beta of 1.41.

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).