World Equity Group Inc. Has $581,000 Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

World Equity Group Inc. raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 104.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 934 shares of the exchange traded fund’s stock after buying an additional 477 shares during the period. World Equity Group Inc.’s holdings in Vanguard Information Technology ETF were worth $581,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Delta Financial Group Inc. boosted its position in Vanguard Information Technology ETF by 1.1% in the fourth quarter. Delta Financial Group Inc. now owns 17,064 shares of the exchange traded fund’s stock valued at $10,610,000 after buying an additional 179 shares in the last quarter. Ascent Wealth Partners LLC boosted its position in Vanguard Information Technology ETF by 120.3% in the fourth quarter. Ascent Wealth Partners LLC now owns 2,240 shares of the exchange traded fund’s stock valued at $1,393,000 after buying an additional 1,223 shares in the last quarter. Atlantic Family Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $4,181,000. Stevens Capital Partners lifted its holdings in shares of Vanguard Information Technology ETF by 24.0% during the fourth quarter. Stevens Capital Partners now owns 1,009 shares of the exchange traded fund’s stock worth $628,000 after purchasing an additional 195 shares during the period. Finally, MONECO Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 18.1% during the fourth quarter. MONECO Advisors LLC now owns 756 shares of the exchange traded fund’s stock worth $470,000 after purchasing an additional 116 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $624.14 on Monday. The firm has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average is $629.09 and its 200-day moving average is $605.08. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76.

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).