EverSource Wealth Advisors LLC Acquires 358 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

EverSource Wealth Advisors LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 43.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,181 shares of the exchange traded fund’s stock after acquiring an additional 358 shares during the period. EverSource Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $734,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VGT. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter worth about $30,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000. Briaud Financial Planning Inc purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter worth about $32,000.

Vanguard Information Technology ETF Trading Down 1.8 %

NYSEARCA:VGT opened at $546.44 on Friday. The company has a market capitalization of $75.86 billion, a P/E ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The business’s 50-day moving average is $613.93 and its 200 day moving average is $606.09.

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).