Unconventional Investor LLC Buys New Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Unconventional Investor LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, HoldingsChannel.com reports. The firm bought 324 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after purchasing an additional 271,622 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Information Technology ETF by 10.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock valued at $941,773,000 after purchasing an additional 144,217 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Information Technology ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock valued at $824,430,000 after purchasing an additional 137,134 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $494,903,000.

Vanguard Information Technology ETF Stock Down 1.2%

Shares of NYSEARCA VGT opened at $595.09 on Friday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $648.76. The company has a market cap of $83.61 billion, a price-to-earnings ratio of 33.98 and a beta of 1.24. The business has a fifty day simple moving average of $550.20 and a 200-day simple moving average of $594.88.

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).