MFA Wealth Advisors LLC Raises Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

MFA Wealth Advisors LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,797 shares of the exchange traded fund’s stock after purchasing an additional 199 shares during the quarter. MFA Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Wealthstar Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $967,000. Legacy Financial Strategies LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $250,000. 17 Capital Partners LLC increased its stake in Vanguard Information Technology ETF by 7.6% during the 4th quarter. 17 Capital Partners LLC now owns 1,103 shares of the exchange traded fund’s stock valued at $686,000 after purchasing an additional 78 shares in the last quarter. Stephens Inc. AR raised its holdings in shares of Vanguard Information Technology ETF by 3.7% in the fourth quarter. Stephens Inc. AR now owns 4,136 shares of the exchange traded fund’s stock worth $2,572,000 after buying an additional 148 shares during the last quarter. Finally, AlphaStar Capital Management LLC lifted its stake in shares of Vanguard Information Technology ETF by 19.0% during the fourth quarter. AlphaStar Capital Management LLC now owns 1,299 shares of the exchange traded fund’s stock worth $808,000 after buying an additional 207 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $621.05 on Monday. The firm has a market capitalization of $78.20 billion, a PE ratio of 36.30 and a beta of 1.41. The company’s fifty day moving average price is $629.57 and its 200-day moving average price is $598.28. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76.

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).