IPG Investment Advisors LLC Acquires 60 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

IPG Investment Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,034 shares of the exchange traded fund’s stock after buying an additional 60 shares during the period. IPG Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $561,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $560,000. Golden State Wealth Management LLC raised its position in Vanguard Information Technology ETF by 17.5% during the first quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 21 shares during the period. Orion Capital Management LLC purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $62,000. Sowell Financial Services LLC purchased a new stake in Vanguard Information Technology ETF during the first quarter valued at approximately $804,000. Finally, First Trust Advisors LP purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $448,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $674.40 on Monday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $705.26. The stock’s 50 day simple moving average is $652.80 and its two-hundred day simple moving average is $603.53. The company has a market cap of $96.07 billion, a PE ratio of 34.55 and a beta of 1.16.

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).