Advyzon Investment Management LLC Grows Stock Position in Vanguard Information Technology ETF $VGT

Advyzon Investment Management LLC raised its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 65.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,873 shares of the exchange traded fund’s stock after purchasing an additional 739 shares during the period. Advyzon Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. China Universal Asset Management Co. Ltd. grew its holdings in Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 21 shares during the period. First Command Advisory Services Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $31,000. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $31,000. Kilter Group LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth $37,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth $40,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $737.60 on Friday. The stock has a 50-day simple moving average of $751.04 and a 200-day simple moving average of $743.11. The stock has a market capitalization of $110.37 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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.