Vanguard Information Technology ETF (NYSEARCA:VGT) Position Raised by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,296 shares of the exchange traded fund’s stock after acquiring an additional 81 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Vanguard Information Technology ETF were worth $806,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. American Asset Management Inc. acquired a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $684,000. Royal Fund Management LLC increased its stake in shares of Vanguard Information Technology ETF by 1.9% during the fourth quarter. Royal Fund Management LLC now owns 55,304 shares of the exchange traded fund’s stock valued at $34,568,000 after acquiring an additional 1,052 shares during the period. Chesapeake Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $912,000. Sugar Maple Asset Management LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth about $127,000. Finally, Lam Group Inc. raised its holdings in Vanguard Information Technology ETF by 13.6% during the 4th quarter. Lam Group Inc. now owns 5,969 shares of the exchange traded fund’s stock worth $3,712,000 after buying an additional 714 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $627.47 on Tuesday. The firm has a 50 day simple moving average of $627.27 and a 200 day simple moving average of $595.15. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.66. The company has a market cap of $79.01 billion, a PE ratio of 36.30 and a beta of 1.41.

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).