Cathy Pareto & Associates Inc. Purchases Shares of 6,802 Vanguard Information Technology ETF (NYSEARCA:VGT)

Cathy Pareto & Associates Inc. acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, Holdings Channel.com reports. The fund acquired 6,802 shares of the exchange traded fund’s stock, valued at approximately $4,229,000. Vanguard Information Technology ETF accounts for 3.9% of Cathy Pareto & Associates Inc.’s portfolio, making the stock its 7th largest holding.

A number of other hedge funds also recently modified their holdings of the stock. Thrivent Financial for Lutherans grew its position in shares of Vanguard Information Technology ETF by 0.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock worth $2,343,000 after purchasing an additional 37 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Vanguard Information Technology ETF by 187.7% in the 2nd quarter. Marshall Wace LLP now owns 5,521 shares of the exchange traded fund’s stock valued at $3,183,000 after acquiring an additional 3,602 shares during the last quarter. Squarepoint Ops LLC raised its position in Vanguard Information Technology ETF by 19.4% in the second quarter. Squarepoint Ops LLC now owns 2,966 shares of the exchange traded fund’s stock valued at $1,710,000 after purchasing an additional 481 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 44.2% during the second quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock valued at $527,000 after purchasing an additional 280 shares in the last quarter. Finally, Kathmere Capital Management LLC bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $370,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $640.13 on Monday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The company’s 50 day moving average price is $629.27 and its two-hundred day moving average price is $596.37. The firm has a market capitalization of $80.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).