Kathmere Capital Management LLC Increases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kathmere Capital Management LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 23.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 783 shares of the exchange traded fund’s stock after purchasing an additional 151 shares during the quarter. Kathmere Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. St. Johns Investment Management Company LLC bought a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth $32,000. Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 2.2 %

Shares of VGT opened at $623.39 on Thursday. The business has a 50-day simple moving average of $627.02 and a two-hundred day simple moving average of $594.15. Vanguard Information Technology ETF has a 52 week low of $473.89 and a 52 week high of $648.66. The stock has a market cap of $78.50 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).