The Manufacturers Life Insurance Company Has $64.10 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 109,293 shares of the exchange traded fund’s stock after acquiring an additional 6,964 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vanguard Information Technology ETF were worth $64,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VGT. Vanguard Group Inc. lifted its stake in shares of Vanguard Information Technology ETF by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock valued at $2,956,000 after acquiring an additional 179 shares during the last quarter. Coppell Advisory Solutions Corp. bought a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $217,000. Strategic Wealth Partners Ltd. bought a new stake in shares of Vanguard Information Technology ETF during the first quarter worth about $253,000. LRI Investments LLC acquired a new stake in Vanguard Information Technology ETF during the 1st quarter worth approximately $286,000. Finally, Atria Investments Inc increased its holdings in Vanguard Information Technology ETF by 38.2% in the first quarter. Atria Investments Inc now owns 11,809 shares of the exchange traded fund’s stock valued at $6,192,000 after purchasing an additional 3,264 shares during the period.

Vanguard Information Technology ETF Stock Down 1.0 %

Shares of NYSEARCA:VGT opened at $616.76 on Thursday. The firm has a market cap of $77.66 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $454.77 and a 12-month high of $627.57. The business has a fifty day simple moving average of $600.16 and a 200 day simple moving average of $575.67.

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).