Valeo Financial Advisors LLC Raises Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Valeo Financial Advisors LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,618 shares of the exchange traded fund’s stock after acquiring an additional 140 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,373,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $27,000. Signature Resources Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $28,000. OLD Second National Bank of Aurora purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. Richardson Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth approximately $29,000. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth approximately $34,000.

Vanguard Information Technology ETF Trading Up 1.2 %

Shares of NYSEARCA:VGT opened at $592.89 on Thursday. The company has a market capitalization of $74.66 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $593.10. The firm has a 50 day simple moving average of $543.23 and a 200-day simple moving average of $518.16.

About Vanguard Information Technology ETF

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).