Apriem Advisors Acquires New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Apriem Advisors bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 375 shares of the exchange traded fund’s stock, valued at approximately $233,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in Vanguard Information Technology ETF by 39,912.0% during the fourth 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 during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after buying an additional 26,845 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after buying an additional 510,798 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after buying an additional 15,742 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $588.97 on Friday. The company has a market capitalization of $81.76 billion, a PE ratio of 36.18 and a beta of 1.16. The stock has a fifty day moving average of $626.80 and a 200-day moving average of $606.07. Vanguard Information Technology ETF has a one year low of $478.25 and a one 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).