World Investment Advisors Raises Stock Position in Vanguard Information Technology ETF $VGT

World Investment Advisors lifted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 209.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,252 shares of the exchange traded fund’s stock after purchasing an additional 17,777 shares during the quarter. World Investment Advisors’ holdings in Vanguard Information Technology ETF were worth $19,788,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. China Universal Asset Management Co. Ltd. increased its stake in Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares during the period. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $29,000. Strategic Advocates LLC acquired a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $30,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $31,000.

Vanguard Information Technology ETF Trading Up 1.3%

Shares of NYSEARCA VGT opened at $706.65 on Thursday. The stock has a market cap of $105.74 billion, a P/E ratio of 34.55 and a beta of 1.25. The business’s fifty day simple moving average is $730.34 and its 200-day simple moving average is $747.52. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.