Summit Trail Advisors LLC Has $5.02 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Summit Trail Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,069 shares of the exchange traded fund’s stock after acquiring an additional 517 shares during the period. Summit Trail Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $5,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First National Corp MA ADV bought a new position in Vanguard Information Technology ETF during the fourth quarter worth about $233,000. Soltis Investment Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 7.1% during the fourth quarter. Soltis Investment Advisors LLC now owns 5,348 shares of the exchange traded fund’s stock worth $3,325,000 after buying an additional 356 shares during the last quarter. Elser Financial Planning Inc bought a new position in Vanguard Information Technology ETF during the fourth quarter worth about $427,000. Silicon Valley Capital Partners boosted its holdings in Vanguard Information Technology ETF by 2.5% during the fourth quarter. Silicon Valley Capital Partners now owns 96,686 shares of the exchange traded fund’s stock worth $60,119,000 after buying an additional 2,396 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its holdings in Vanguard Information Technology ETF by 383.2% during the fourth quarter. Elevation Wealth Partners LLC now owns 575 shares of the exchange traded fund’s stock worth $358,000 after buying an additional 456 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $628.86 on Tuesday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The stock has a market capitalization of $79.19 billion, a PE ratio of 36.30 and a beta of 1.41. The business’s 50-day simple moving average is $629.57 and its 200-day simple moving average is $598.54.

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).