Vanguard Information Technology ETF (NYSEARCA:VGT) Position Raised by Compass Ion Advisors LLC

Compass Ion Advisors LLC raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,298 shares of the exchange traded fund’s stock after buying an additional 41 shares during the quarter. Compass Ion Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,672,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VGT. Strategic Financial Concepts LLC lifted its stake in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $494,903,000. Harel Insurance Investments & Financial Services Ltd. raised its stake 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 valued at $419,585,000 after purchasing an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. raised its stake 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 valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its stake in shares of Vanguard Information Technology ETF by 621.3% during the fourth quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock valued at $134,371,000 after purchasing an additional 186,139 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 1.4 %

Shares of NYSEARCA VGT opened at $558.31 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm’s 50-day simple moving average is $609.64 and its 200 day simple moving average is $606.35. The stock has a market cap of $77.76 billion, a P/E ratio of 33.62 and a beta of 1.17.

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).