Spectrum Wealth Advisory Group LLC Takes $201,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Spectrum Wealth Advisory Group LLC purchased a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 383 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in Vanguard Information Technology ETF by 0.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,868,466 shares of the exchange traded fund’s stock worth $2,019,927,000 after purchasing an additional 36,740 shares during the last quarter. Morgan Stanley lifted its holdings in Vanguard Information Technology ETF by 1.3% in the 3rd quarter. Morgan Stanley now owns 1,861,916 shares of the exchange traded fund’s stock worth $772,509,000 after purchasing an additional 23,227 shares during the last quarter. UBS Group AG lifted its holdings in Vanguard Information Technology ETF by 1.8% in the 4th quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after purchasing an additional 31,323 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $692,917,000. Finally, Ameriprise Financial Inc. lifted its holdings in Vanguard Information Technology ETF by 14.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock worth $282,830,000 after purchasing an additional 85,685 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT traded up $1.49 on Tuesday, hitting $583.74. The company had a trading volume of 218,971 shares, compared to its average volume of 455,693. The company’s fifty day moving average price is $539.46 and its 200 day moving average price is $516.70. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $593.10. The stock has a market cap of $73.50 billion, a price-to-earnings 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).