Kelly Financial Services LLC Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kelly Financial Services LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 388 shares of the exchange traded fund’s stock, valued at approximately $210,000.

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

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $629.27 on Thursday. The stock’s 50-day simple moving average is $567.75 and its two-hundred day simple moving average is $594.87. The stock has a market capitalization of $88.74 billion, a price-to-earnings ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $648.76.

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).