JPMorgan Chase & Co. Has $3.22 Billion Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,494,335 shares of the exchange traded fund’s stock after acquiring an additional 501,703 shares during the period. JPMorgan Chase & Co. owned 4.36% of Vanguard Information Technology ETF worth $3,222,539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VGT. St. Johns Investment Management Company LLC acquired a new position in Vanguard Information Technology ETF during the third quarter worth $30,000. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF during the third quarter worth approximately $30,000. Coastline Trust Co bought a new stake in Vanguard Information Technology ETF in the third quarter valued at approximately $32,000. Bell Investment Advisors Inc acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $33,000. Finally, Halpern Financial Inc. bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $33,000.

Vanguard Information Technology ETF Price Performance

VGT stock traded up $1.12 during midday trading on Thursday, reaching $645.57. 458,119 shares of the company were exchanged, compared to its average volume of 464,507. Vanguard Information Technology ETF has a one year low of $460.48 and a one year high of $648.66. The firm has a market capitalization of $81.29 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business has a 50-day moving average price of $619.43 and a two-hundred day moving average price of $589.12.

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).