Stratos Investment Management LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Stratos Investment Management LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 628 shares of the exchange traded fund’s stock, valued at approximately $391,000.

A number of other hedge funds also recently modified their holdings of VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in Vanguard Information Technology ETF by 107.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.4 %

NYSEARCA:VGT opened at $624.69 on Thursday. The stock’s 50-day simple moving average is $629.23 and its 200 day simple moving average is $597.52. The firm has a market capitalization of $78.66 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76.

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).