Moors & Cabot Inc. Raises Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Moors & Cabot Inc. grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,386 shares of the exchange traded fund’s stock after buying an additional 145 shares during the period. Moors & Cabot Inc.’s holdings in Vanguard Information Technology ETF were worth $1,400,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. St. Johns Investment Management Company LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $30,000. Triad Wealth Partners LLC purchased a new position in Vanguard Information Technology ETF in the second quarter worth about $32,000. Coastline Trust Co bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at $33,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $619.28 on Friday. The firm has a market capitalization of $77.98 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a one year low of $454.77 and a one year high of $626.45. The business has a fifty day moving average of $595.77 and a 200 day moving average of $572.34.

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).