Fisher Asset Management LLC Increases Stock Position in Vanguard Information Technology ETF $VGT

Fisher Asset Management LLC raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,300 shares of the exchange traded fund’s stock after purchasing an additional 3,803 shares during the period. Fisher Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $50,249,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. China Universal Asset Management Co. Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. First Command Advisory Services Inc. purchased a new stake in Vanguard Information Technology ETF in the third quarter worth approximately $31,000. Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $31,000. Tripletail Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $40,000. Finally, Kilter Group LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $37,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $723.68 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The company has a market cap of $108.29 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock’s fifty day moving average price is $748.95 and its 200-day moving average price is $745.54.

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). 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.