World Equity Group Inc. Acquires 477 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

World Equity Group Inc. lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 104.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 934 shares of the exchange traded fund’s stock after purchasing an additional 477 shares during the quarter. World Equity Group Inc.’s holdings in Vanguard Information Technology ETF were worth $581,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. boosted its position in shares of Vanguard Information Technology ETF by 20.4% during the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after acquiring an additional 113 shares in the last quarter. Carnegie Investment Counsel boosted its position in shares of Vanguard Information Technology ETF by 5.4% during the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after acquiring an additional 117 shares in the last quarter. FMR LLC boosted its position in shares of Vanguard Information Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after acquiring an additional 6,396 shares in the last quarter. Finally, Atlantic Family Wealth LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $4,181,000.

Vanguard Information Technology ETF Trading Down 2.7 %

NYSEARCA VGT opened at $624.14 on Monday. The firm has a market capitalization of $78.59 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s 50 day simple moving average is $629.09 and its 200 day simple moving average is $605.08. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year 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).