Activest Wealth Management Buys New Shares in Vanguard Information Technology ETF $VGT

Activest Wealth Management acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,626 shares of the exchange traded fund’s stock, valued at approximately $1,961,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. boosted 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 in the last quarter. First Command Advisory Services Inc. purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $31,000. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $31,000. Tripletail Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF during the third quarter worth about $40,000. Finally, Kilter Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $37,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $775.18 on Thursday. The company has a market cap of $116.00 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The business has a fifty day moving average of $756.52 and a two-hundred day moving average of $737.20.

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.