Sugar Maple Asset Management LLC Purchases Shares of 205 Vanguard Information Technology ETF (NYSEARCA:VGT)

Sugar Maple Asset Management LLC purchased a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 205 shares of the exchange traded fund’s stock, valued at approximately $127,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the third quarter valued at $30,000. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Coastline Trust Co purchased a new position in Vanguard Information Technology ETF during the third quarter valued at $32,000. Finally, Halpern Financial Inc. purchased a new position in Vanguard Information Technology ETF during the third quarter valued at $33,000.

Vanguard Information Technology ETF Trading Up 1.5 %

NYSEARCA:VGT opened at $627.47 on Tuesday. The company’s 50-day moving average price is $627.16 and its 200-day moving average price is $594.91. The company has a market cap of $79.01 billion, a P/E 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 $648.66.

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).