Vanguard Information Technology ETF (NYSEARCA:VGT) Sets New 52-Week High at $463.12

Vanguard Information Technology ETF (NYSEARCA:VGT)’s share price hit a new 52-week high on Monday . The stock traded as high as $463.12 and last traded at $462.91, with a volume of 355419 shares. The stock had previously closed at $455.99.

Vanguard Information Technology ETF Price Performance

The company’s 50 day simple moving average is $424.18 and its two-hundred day simple moving average is $426.66. The stock has a market capitalization of $55.31 billion, a P/E ratio of 24.70 and a beta of 1.16.

Institutional Trading of Vanguard Information Technology ETF

Several hedge funds have recently modified their holdings of the stock. First Capital Advisors Group LLC. acquired a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $25,000. Barrett & Company Inc. acquired a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $26,000. Baystate Wealth Management LLC raised its holdings in Vanguard Information Technology ETF by 94.4% in the second quarter. Baystate Wealth Management LLC now owns 70 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 34 shares during the period. Rice Partnership LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter worth $38,000. Finally, Stonebridge Capital Advisors LLC raised its holdings in Vanguard Information Technology ETF by 160.6% in the first quarter. Stonebridge Capital Advisors LLC now owns 86 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 53 shares during the period.

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).