Kwmg LLC Buys 80 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Kwmg LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 22,205 shares of the exchange traded fund’s stock after acquiring an additional 80 shares during the period. Vanguard Information Technology ETF comprises 1.2% of Kwmg LLC’s portfolio, making the stock its 24th biggest holding. Kwmg LLC’s holdings in Vanguard Information Technology ETF were worth $12,044,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Zions Bancorporation N.A. boosted its position in shares of Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Copia Wealth Management bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000. Finally, Briaud Financial Planning Inc purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $611.88 on Tuesday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $648.76. The stock has a market cap of $85.97 billion, a P/E ratio of 33.98 and a beta of 1.24. The firm’s fifty day moving average price is $554.73 and its 200-day moving average price is $594.02.

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).