AdvisorNet Financial Inc Raises Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

AdvisorNet Financial Inc lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 22.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 470 shares of the exchange traded fund’s stock after buying an additional 85 shares during the period. AdvisorNet Financial Inc’s holdings in Vanguard Information Technology ETF were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. Zions Bancorporation N.A. grew its position in Vanguard Information Technology ETF by 150.0% during the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 24 shares during the last quarter. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. Copia Wealth Management purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000. Finally, Briaud Financial Planning Inc purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $602.95 on Monday. The firm’s fifty day simple moving average is $553.76 and its 200-day simple moving average is $593.96. The company has a market capitalization of $84.71 billion, a P/E ratio of 33.98 and a beta of 1.24. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $648.76.

Vanguard Information Technology ETF Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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