658 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Bought by Retirement Solution LLC

Retirement Solution LLC acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 658 shares of the exchange traded fund’s stock, valued at approximately $409,000. Vanguard Information Technology ETF accounts for 0.1% of Retirement Solution LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after buying an additional 510,798 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $575.87 on Friday. The company has a 50 day simple moving average of $619.75 and a 200 day simple moving average of $607.06. The firm has a market cap of $79.94 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76.

Vanguard Information Technology ETF Company 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).