Main Street Group LTD Raises Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Main Street Group LTD lifted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,161 shares of the exchange traded fund’s stock after purchasing an additional 165 shares during the quarter. Main Street Group LTD’s holdings in Vanguard Information Technology ETF were worth $721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation N.A. raised its stake in shares of Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000. Finally, Briaud Financial Planning Inc purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Up 2.2%

VGT stock opened at $611.49 on Wednesday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76. The firm’s fifty day simple moving average is $542.00 and its two-hundred day simple moving average is $594.08. The stock has a market capitalization of $85.91 billion, a price-to-earnings ratio of 33.98 and a beta of 1.24.

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).