Sovran Advisors LLC Acquires Shares of 3,763 Vanguard Information Technology ETF $VGT

Sovran Advisors LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,763 shares of the exchange traded fund’s stock, valued at approximately $2,976,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 110.5% in the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at approximately $31,000. Kilter Group LLC acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $37,000. Rice Partnership LLC acquired a new position in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $40,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter worth approximately $40,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $754.99 on Monday. The firm has a market cap of $112.98 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The firm’s fifty day moving average price is $754.68 and its 200 day moving average price is $735.63.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.