Magnus Financial Group LLC Grows Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Magnus Financial Group LLC lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,959 shares of the exchange traded fund’s stock after purchasing an additional 97 shares during the period. Magnus Financial Group LLC’s holdings in Vanguard Information Technology ETF were worth $3,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC acquired a new position in Vanguard Information Technology ETF during the third quarter worth $30,000. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF during the third quarter worth $30,000. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Coastline Trust Co acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at about $32,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at about $33,000.

Vanguard Information Technology ETF Stock Up 1.4 %

Shares of NYSEARCA VGT opened at $641.22 on Wednesday. The stock has a market capitalization of $80.74 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a 50-day simple moving average of $627.46 and a 200-day simple moving average of $595.41. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.66.

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).