Jericho Financial LLP Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Jericho Financial LLP purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 618 shares of the exchange traded fund’s stock, valued at approximately $384,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Thurston Springer Miller Herd & Titak Inc. grew its position in Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares in the last quarter. Carnegie Investment Counsel grew its holdings in shares of Vanguard Information Technology ETF by 5.4% during the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after purchasing an additional 117 shares in the last quarter. FMR LLC increased its position in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after purchasing an additional 6,396 shares during the period. Citigroup Inc. raised its stake in Vanguard Information Technology ETF by 21.2% in the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after purchasing an additional 7,223 shares in the last quarter. Finally, Northstar Group Inc. grew its stake in Vanguard Information Technology ETF by 3.9% during the third quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.3 %

VGT stock opened at $616.00 on Wednesday. The company’s 50-day moving average price is $629.37 and its two-hundred day moving average price is $597.22. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The firm has a market cap of $77.57 billion, a P/E 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).