Simmons Bank Trims Stock Position in Vanguard Information Technology ETF $VGT

Simmons Bank decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 5,792 shares of the exchange traded fund’s stock after selling 166 shares during the period. Simmons Bank’s holdings in Vanguard Information Technology ETF were worth $3,842,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 6.2% during the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after buying an additional 359,822 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $454,530,000. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Information Technology ETF by 8.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after purchasing an additional 50,870 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Vanguard Information Technology ETF by 15.8% in the 1st quarter. Cetera Investment Advisers now owns 261,864 shares of the exchange traded fund’s stock worth $142,030,000 after buying an additional 35,751 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT opened at $774.45 on Wednesday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The business has a 50-day moving average of $743.23 and a two-hundred day moving average of $675.32. The stock has a market capitalization of $114.58 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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).