CX Institutional Buys 646 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

CX Institutional raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 165.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,037 shares of the exchange traded fund’s stock after buying an additional 646 shares during the period. CX Institutional’s holdings in Vanguard Information Technology ETF were worth $645,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position 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 worth $3,222,539,000 after acquiring an additional 501,703 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $55,988,000. SteelPeak Wealth LLC increased its stake in shares of Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after buying an additional 60,205 shares during the period. Royal Fund Management LLC raised its holdings in Vanguard Information Technology ETF by 258.7% in the 3rd quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after buying an additional 39,126 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in Vanguard Information Technology ETF by 850.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,424 shares of the exchange traded fund’s stock worth $19,017,000 after buying an additional 29,011 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $640.13 on Friday. The firm has a 50 day moving average price of $629.27 and a two-hundred day moving average price of $596.39. The stock has a market cap of $80.61 billion, a P/E ratio of 36.30 and a beta of 1.41. 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).