Everest Financial Group LLC Invests $3.94 Million in Vanguard Information Technology ETF $VGT

Everest Financial Group LLC bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,643 shares of the exchange traded fund’s stock, valued at approximately $3,937,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VGT. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $27,000. Wells Financial Advisors INC acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $30,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Trading Down 1.0%

NYSEARCA:VGT opened at $113.30 on Friday. The stock has a 50 day simple moving average of $116.76 and a 200 day simple moving average of $102.72. The stock has a market cap of $138.90 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

Vanguard Information Technology ETF Company 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.