Cantor Fitzgerald Investment Advisors L.P. Invests $1.95 Million in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cantor Fitzgerald Investment Advisors L.P. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, HoldingsChannel reports. The firm bought 3,323 shares of the exchange traded fund’s stock, valued at approximately $1,949,000.

Other institutional investors have also bought and sold shares of the company. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Triad Wealth Partners LLC bought a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at about $32,000. Bell Investment Advisors Inc acquired a new position in Vanguard Information Technology ETF during the 2nd quarter worth approximately $33,000. Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF in the third quarter worth approximately $33,000. Finally, Family Firm Inc. acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $35,000.

Vanguard Information Technology ETF Stock Up 0.2 %

Shares of NYSEARCA:VGT opened at $603.19 on Tuesday. The stock’s 50 day moving average is $579.34 and its 200-day moving average is $559.33. Vanguard Information Technology ETF has a twelve month low of $401.45 and a twelve month high of $610.06. The firm has a market capitalization of $75.95 billion, a price-to-earnings 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).