Elevation Point Wealth Partners LLC Has $2.90 Million Position in Vanguard Information Technology ETF $VGT

Elevation Point Wealth Partners LLC grew its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 266.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,887 shares of the exchange traded fund’s stock after acquiring an additional 2,826 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $2,902,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its holdings in Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. First Command Advisory Services Inc. bought a new stake in Vanguard Information Technology ETF in the third quarter valued at approximately $31,000. Semmax Financial Advisors Inc. bought a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $31,000. Kilter Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $37,000. Finally, Ramirez Asset Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $39,000.

Vanguard Information Technology ETF Trading Down 0.9%

Shares of NYSEARCA VGT opened at $714.44 on Friday. The company has a market capitalization of $106.91 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The stock has a 50 day moving average of $743.59 and a 200-day moving average of $747.18.

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). 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.