Wealthspire Advisors LLC Has $3.68 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Wealthspire Advisors LLC raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,919 shares of the exchange traded fund’s stock after acquiring an additional 578 shares during the quarter. Wealthspire Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,680,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VGT. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $30,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $30,000. Kentucky Trust Co bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.7 %

VGT stock opened at $624.14 on Monday. The stock has a 50-day moving average price of $629.09 and a 200-day moving average price of $605.08. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The firm has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41.

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).