EverSource Wealth Advisors LLC Acquires 198 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

EverSource Wealth Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 32.2% in the first quarter, HoldingsChannel reports. The firm owned 812 shares of the exchange traded fund’s stock after buying an additional 198 shares during the period. EverSource Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $402,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. UBS Group AG boosted its holdings in shares of Vanguard Information Technology ETF by 1.8% during the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after acquiring an additional 31,323 shares during the period. Stifel Financial Corp raised its position in shares of Vanguard Information Technology ETF by 4.3% in the fourth quarter. Stifel Financial Corp now owns 362,743 shares of the exchange traded fund’s stock valued at $175,581,000 after buying an additional 14,861 shares in the last quarter. Beacon Capital Management Inc. raised its position in shares of Vanguard Information Technology ETF by 189.0% in the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after buying an additional 207,468 shares in the last quarter. Cerity Partners LLC raised its position in shares of Vanguard Information Technology ETF by 8.5% in the fourth quarter. Cerity Partners LLC now owns 253,661 shares of the exchange traded fund’s stock valued at $122,771,000 after buying an additional 19,816 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Vanguard Information Technology ETF by 0.8% in the first quarter. Janney Montgomery Scott LLC now owns 244,049 shares of the exchange traded fund’s stock valued at $127,965,000 after buying an additional 1,819 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded down $13.43 during midday trading on Friday, reaching $534.05. The company’s stock had a trading volume of 805,190 shares, compared to its average volume of 472,999. Vanguard Information Technology ETF has a fifty-two week low of $397.76 and a fifty-two week high of $609.15. The business’s 50 day moving average price is $571.41 and its two-hundred day moving average price is $533.69. The company has a market cap of $67.25 billion, a P/E 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).