Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Financial Perspectives Inc

Financial Perspectives Inc lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,517 shares of the exchange traded fund’s stock after acquiring an additional 3,576 shares during the period. Vanguard Information Technology ETF accounts for approximately 5.5% of Financial Perspectives Inc’s portfolio, making the stock its 3rd biggest holding. Financial Perspectives Inc’s holdings in Vanguard Information Technology ETF were worth $16,488,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF in the fourth quarter worth approximately $31,000. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Finally, Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF in the third quarter worth approximately $32,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $644.10 on Wednesday. The company has a market capitalization of $81.11 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The business has a 50 day moving average price of $628.98 and a two-hundred day moving average price of $601.79.

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).