Lesa Sroufe & Co Makes New $648,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lesa Sroufe & Co purchased a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the first quarter, according to its most recent filing with the SEC. The firm purchased 1,114 shares of the exchange traded fund’s stock, valued at approximately $648,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. Zions Bancorporation N.A. increased its holdings in shares of Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. Copia Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $30,000. Briaud Financial Planning Inc acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $31,000. Finally, Duncker Streett & Co. Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $35,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $633.85 on Tuesday. The stock has a market capitalization of $89.39 billion, a price-to-earnings ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The business has a fifty day moving average price of $577.15 and a 200-day moving average price of $594.74.

About Vanguard Information Technology ETF

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).