APS Management Group Inc. Makes New Investment in Vanguard Information Technology ETF $VGT

APS Management Group Inc. bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,080 shares of the exchange traded fund’s stock, valued at approximately $1,555,000. Vanguard Information Technology ETF makes up approximately 1.1% of APS Management Group Inc.’s investment portfolio, making the stock its 21st largest position.

A number of other hedge funds have also modified their holdings of the stock. New Century Financial Group LLC acquired a new position in Vanguard Information Technology ETF in the third quarter worth approximately $203,000. Index Fund Advisors Inc. increased its stake in Vanguard Information Technology ETF by 0.4% during the third quarter. Index Fund Advisors Inc. now owns 6,496 shares of the exchange traded fund’s stock valued at $4,850,000 after acquiring an additional 24 shares during the period. CoreCap Advisors LLC boosted its stake in Vanguard Information Technology ETF by 1.9% during the third quarter. CoreCap Advisors LLC now owns 20,762 shares of the exchange traded fund’s stock worth $15,502,000 after buying an additional 379 shares in the last quarter. North Star Investment Management Corp. boosted its holdings in Vanguard Information Technology ETF by 1.3% during the third quarter. North Star Investment Management Corp. now owns 2,545 shares of the exchange traded fund’s stock valued at $1,900,000 after purchasing an additional 33 shares in the last quarter. Finally, Garrison Point Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF by 5.9% in the 3rd quarter. Garrison Point Advisors LLC now owns 1,469 shares of the exchange traded fund’s stock valued at $1,097,000 after purchasing an additional 82 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.2%

NYSEARCA VGT opened at $766.49 on Wednesday. The firm has a market cap of $114.12 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company has a 50 day moving average of $759.73 and a 200-day moving average of $726.85. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.