Hsbc Holdings PLC Invests $267,000 in Vanguard Information Technology ETF $VGT

Hsbc Holdings PLC acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 499 shares of the exchange traded fund’s stock, valued at approximately $267,000.

Several other large investors also recently added to or reduced their stakes in VGT. Cordant Inc. purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $28,000. Copia Wealth Management purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $32,000. Finally, MorganRosel Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $33,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $697.54 on Friday. The firm has a market capitalization of $99.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The stock has a 50 day moving average price of $686.28 and a 200 day moving average price of $615.12. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $710.88.

Vanguard Information Technology ETF 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).