Jefferies Financial Group Inc. Invests $1.68 Billion in Vanguard Information Technology ETF $VGT

Jefferies Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,250,000 shares of the exchange traded fund’s stock, valued at approximately $1,680,300,000. Vanguard Information Technology ETF comprises approximately 7.9% of Jefferies Financial Group Inc.’s portfolio, making the stock its largest holding. Jefferies Financial Group Inc. owned 1.52% of Vanguard Information Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Caprock Group LLC purchased a new stake in Vanguard Information Technology ETF in the third quarter valued at about $4,314,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Vanguard Information Technology ETF by 98.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock worth $4,723,000 after acquiring an additional 3,138 shares during the last quarter. AMI Investment Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 4.2% during the third quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock worth $50,173,000 after acquiring an additional 2,726 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 2.8% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock valued at $552,305,000 after acquiring an additional 20,182 shares in the last quarter. Finally, Asset Planning Services Inc. LA ADV purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $615,000.

Vanguard Information Technology ETF Trading Down 1.9%

NYSEARCA:VGT opened at $719.03 on Monday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The company has a market cap of $107.60 billion, a PE ratio of 34.55 and a beta of 1.25. The company’s 50 day moving average is $746.66 and its two-hundred day moving average is $746.32.

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.