Equita Financial Network Inc. Buys Shares of 419 Vanguard Information Technology ETF (NYSEARCA:VGT)

Equita Financial Network Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 419 shares of the exchange traded fund’s stock, valued at approximately $246,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Morton Capital Management LLC CA lifted its stake in Vanguard Information Technology ETF by 4.3% in the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 17 shares during the period. Signaturefd LLC lifted its stake in Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 17 shares during the period. Corbyn Investment Management Inc. MD lifted its stake in Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after buying an additional 17 shares during the period. Frank Rimerman Advisors LLC lifted its stake in Vanguard Information Technology ETF by 3.6% in the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after buying an additional 18 shares during the period. Finally, Heritage Wealth Partners LLC lifted its stake in Vanguard Information Technology ETF by 4.3% in the second quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 19 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $604.62 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $454.77 and a 1 year high of $626.45. The business has a 50-day moving average of $592.35 and a two-hundred day moving average of $571.00. The company has a market capitalization of $76.13 billion, a P/E 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).