Grantvest Financial Group LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Grantvest Financial Group LLC acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 632 shares of the exchange traded fund’s stock, valued at approximately $393,000.

Several other large investors have also recently made changes to their positions in VGT. JPMorgan Chase & Co. grew its holdings in Vanguard Information Technology ETF by 10.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after buying an additional 501,703 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Information Technology ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock valued at $824,430,000 after purchasing an additional 137,134 shares in the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of NYSEARCA:VGT opened at $564.61 on Monday. The firm has a fifty day simple moving average of $606.16 and a two-hundred day simple moving average of $606.52. The stock has a market capitalization of $78.64 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76.

Vanguard Information Technology ETF Company 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).