Empowered Funds LLC Invests $265,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Empowered Funds LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 426 shares of the exchange traded fund’s stock, valued at approximately $265,000.

A number of other institutional investors have also modified their holdings of VGT. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Coastline Trust Co purchased a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $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 acquiring an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 2.7 %

Shares of VGT opened at $624.14 on Friday. The company has a market cap of $78.59 billion, a price-to-earnings 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. The company has a 50 day moving average of $629.41 and a two-hundred day moving average of $603.11.

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).