Proficio Capital Partners LLC Buys 32,827 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Proficio Capital Partners LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 351.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,180 shares of the exchange traded fund’s stock after acquiring an additional 32,827 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $26,228,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Information Technology ETF by 10.0% in 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 purchasing an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake 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 valued at $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. LPL Financial LLC boosted 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 valued at $697,221,000 after purchasing an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Vanguard Information Technology ETF by 311.5% in 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 during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Vanguard Information Technology ETF by 4.2% in the 3rd 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 during the last quarter.

Vanguard Information Technology ETF Trading Up 1.6 %

Shares of NYSEARCA VGT opened at $598.48 on Friday. The firm has a market capitalization of $83.08 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The firm’s 50-day moving average is $626.13 and its 200-day moving average is $606.49.

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).