Geneos Wealth Management Inc. Grows Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Geneos Wealth Management Inc. grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,195 shares of the exchange traded fund’s stock after buying an additional 65 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $626,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VGT. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $692,917,000. Beacon Capital Management Inc. boosted its position in Vanguard Information Technology ETF by 189.0% during the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after buying an additional 207,468 shares during the period. Annex Advisory Services LLC grew its stake in shares of Vanguard Information Technology ETF by 73.1% during the fourth quarter. Annex Advisory Services LLC now owns 188,711 shares of the exchange traded fund’s stock valued at $91,337,000 after buying an additional 79,719 shares during the last quarter. Gratus Capital LLC increased its holdings in shares of Vanguard Information Technology ETF by 587.1% in the fourth quarter. Gratus Capital LLC now owns 90,337 shares of the exchange traded fund’s stock worth $43,723,000 after buying an additional 77,189 shares during the period. Finally, Hollencrest Capital Management lifted its position in Vanguard Information Technology ETF by 953.0% in the first quarter. Hollencrest Capital Management now owns 59,798 shares of the exchange traded fund’s stock valued at $31,355,000 after purchasing an additional 54,119 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded down $11.69 during mid-day trading on Thursday, hitting $595.16. The stock had a trading volume of 723,786 shares, compared to its average volume of 457,989. The firm has a market cap of $74.94 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a 50 day moving average price of $555.27 and a two-hundred day moving average price of $522.75. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $608.54.

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).