HighTower Advisors LLC Purchases 28,815 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

HighTower Advisors LLC raised its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 360,955 shares of the exchange traded fund’s stock after purchasing an additional 28,815 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $224,442,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its position in shares of Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after buying an additional 1,229,688 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $494,903,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after acquiring an additional 510,798 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Finally, Wealthfront Advisers LLC lifted its stake in shares of Vanguard Information Technology ETF by 621.3% in the 4th quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock worth $134,371,000 after purchasing an additional 186,139 shares during the period.

Vanguard Information Technology ETF Trading Down 0.3 %

NYSEARCA VGT opened at $548.37 on Wednesday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The stock has a market cap of $76.12 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. The company’s 50 day moving average is $616.73 and its two-hundred day moving average is $606.86.

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).