Promus Capital LLC Invests $74,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Promus Capital LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 119 shares of the exchange traded fund’s stock, valued at approximately $74,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $30,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.5 %

VGT stock opened at $586.92 on Thursday. The stock has a market capitalization of $81.48 billion, a P/E ratio of 36.18 and a beta of 1.16. The firm has a 50-day simple moving average of $622.48 and a 200-day simple moving average of $607.16. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week 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).