Centricity Wealth Management LLC Makes New $788,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Centricity Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,268 shares of the exchange traded fund’s stock, valued at approximately $788,000. Vanguard Information Technology ETF makes up about 0.7% of Centricity Wealth Management LLC’s portfolio, making the stock its 28th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its position in shares of Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after acquiring an additional 1,229,688 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Vanguard Information Technology ETF by 311.5% during the 4th 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 in the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Serenus Wealth Advisors LLC bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth approximately $38,429,000. Finally, SteelPeak Wealth LLC lifted its stake in Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after buying an additional 60,205 shares during the period.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $641.51 on Friday. The stock has a market capitalization of $80.78 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 stock’s 50 day moving average price is $629.33 and its two-hundred day moving average price is $602.85.

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).