Topic: How To Invest

Hi Pat. Do you have recommendations for any ETF that are weighted more toward the Information Technology (IT) sector? Thanks as always!

Article Excerpt

Vanguard Information Technology ETF, $49.46, symbol VGT on New York (Shares outstanding: 14.9 million; Market cap: $737.7 million), aims to track the MSCI U.S. Investable Market Information Technology Index, which consists of stocks of mostly large U.S. companies in the IT area. The fund’s MER is just 0.25%. The index is made up of companies in these three general areas: 1) Software and services firms, including those that mainly develop software in various fields (such as the Internet, applications, systems, databases, management, and/or home entertainment). This area also covers companies that sell information-technology consulting and services, data processing and outsourced services; 2) Hardware and equipment companies, including makers and distributors of communications equipment, computers and peripherals, electronic equipment and related instruments; 3) Firms that make semiconductors (computer chips) and related equipment. The $744.9-million fund’s top 10 holdings are Microsoft, IBM, Apple Inc., Cisco Systems, Intel, Google Inc., Hewlett-Packard, Oracle Corp., Qualcomm and EMC Corp. Vanguard Information Technology ETF is broken down by…