Union Bancaire Privee UBP SA Takes $605,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Union Bancaire Privee UBP SA purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,114 shares of the exchange traded fund’s stock, valued at approximately $605,000.

Other hedge funds have also modified their holdings of the company. Principal Securities Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 20.4% in the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after buying an additional 113 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $560,000. Orion Capital Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $62,000. First Trust Advisors LP acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $448,000. Finally, Atlantic Family Wealth LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $4,181,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $623.29 on Friday. The business has a 50 day simple moving average of $573.88 and a 200-day simple moving average of $594.96. The stock has a market capitalization of $87.90 billion, a P/E ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $648.76.

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).