NTV Asset Management LLC Acquires New Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

NTV Asset Management LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, HoldingsChannel.com reports. The fund bought 465 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Other hedge funds have also bought and sold shares of the company. Cooper Financial Group purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $234,000. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Vanguard Information Technology ETF by 19.3% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 153 shares during the period. Ritholtz Wealth Management raised its holdings in shares of Vanguard Information Technology ETF by 2.7% during the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock worth $828,000 after purchasing an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Vanguard Information Technology ETF by 23.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after purchasing an additional 584 shares during the period. Finally, Altfest L J & Co. Inc. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $243,000.

Vanguard Information Technology ETF Trading Up 2.7 %

Shares of NYSEARCA VGT traded up $13.40 during trading on Friday, reaching $509.46. 438,581 shares of the company traded hands, compared to its average volume of 486,565. The stock has a market cap of $64.15 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm’s fifty day simple moving average is $514.01 and its 200 day simple moving average is $486.59. Vanguard Information Technology ETF has a 12-month low of $374.85 and a 12-month high of $536.63.

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).