IFP Advisors Inc Acquires 742 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

IFP Advisors Inc raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.3% in the 4th quarter, HoldingsChannel reports. The firm owned 6,754 shares of the exchange traded fund’s stock after purchasing an additional 742 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Information Technology ETF were worth $4,200,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at $110,000. Arkadios Wealth Advisors increased its position in Vanguard Information Technology ETF by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 2,321 shares of the exchange traded fund’s stock worth $1,362,000 after purchasing an additional 88 shares during the period. Modera Wealth Management LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $5,422,000. Frank Rimerman Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 3.6% in the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after buying an additional 18 shares during the period. Finally, Tower View Wealth Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 9.9% in the 3rd quarter. Tower View Wealth Management LLC now owns 3,784 shares of the exchange traded fund’s stock valued at $2,219,000 after purchasing an additional 340 shares during the period.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $615.04 on Tuesday. The company’s 50 day simple moving average is $628.43 and its 200 day simple moving average is $605.66. The firm has a market capitalization of $77.45 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).