Investment Research & Advisory Group Inc. Invests $46,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Investment Research & Advisory Group Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 85 shares of the exchange traded fund’s stock, valued at approximately $46,000.

Several other institutional investors and hedge funds have also modified their holdings of VGT. Zions Bancorporation N.A. raised its position in Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Copia Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. Briaud Financial Planning Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $31,000. Finally, Duncker Streett & Co. Inc. bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $35,000.

Vanguard Information Technology ETF Stock Up 0.3%

Shares of NYSEARCA VGT opened at $631.19 on Friday. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $648.76. The firm’s 50-day simple moving average is $583.44 and its 200 day simple moving average is $595.24. The company has a market cap of $89.01 billion, a price-to-earnings ratio of 35.89 and a beta of 1.24.

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).