Alpha Cubed Investments LLC Purchases 81 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Alpha Cubed Investments LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,296 shares of the exchange traded fund’s stock after acquiring an additional 81 shares during the period. Alpha Cubed Investments LLC’s holdings in Vanguard Information Technology ETF were worth $806,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VGT. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF in the fourth quarter worth $30,000. St. Johns Investment Management Company LLC acquired a new position in Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Peterson Financial Group Inc. bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000. Finally, Halpern Financial Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth about $33,000.

Vanguard Information Technology ETF Trading Up 1.5 %

Shares of VGT stock opened at $627.47 on Tuesday. The firm has a market capitalization of $79.01 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s 50 day moving average is $627.27 and its 200-day moving average is $595.15. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.66.

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).