Brio Consultants LLC Invests $309,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Brio Consultants LLC bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, Holdings Channel reports. The institutional investor bought 496 shares of the exchange traded fund’s stock, valued at approximately $309,000.

Several other hedge funds also recently modified their holdings of VGT. JPMorgan Chase & Co. lifted its stake in Vanguard Information Technology ETF by 10.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares in the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after acquiring an additional 26,845 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 311.5% in 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 during the last quarter. Stifel Financial Corp lifted its position in shares of Vanguard Information Technology ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after purchasing an additional 15,742 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 1.1% during the third quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock worth $194,842,000 after purchasing an additional 3,774 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $616.61 on Friday. The company has a market capitalization of $77.64 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The company has a 50-day simple moving average of $629.64 and a two-hundred day simple moving average of $596.97.

Vanguard Information Technology ETF Company 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).