Stevens Capital Partners Takes $265,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Stevens Capital Partners bought a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 548 shares of the exchange traded fund’s stock, valued at approximately $265,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $692,917,000. Ameriprise Financial Inc. lifted its position in Vanguard Information Technology ETF by 14.4% during the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock valued at $282,830,000 after purchasing an additional 85,685 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Information Technology ETF by 20.6% in the third quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock worth $194,586,000 after acquiring an additional 80,145 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Information Technology ETF by 6.0% in the 3rd quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock valued at $429,844,000 after purchasing an additional 58,893 shares during the last quarter. Finally, Comerica Bank bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $20,488,000.

Vanguard Information Technology ETF Stock Down 0.0 %

VGT traded down $0.07 during trading on Wednesday, reaching $514.60. The company had a trading volume of 108,323 shares, compared to its average volume of 477,270. The business has a 50 day simple moving average of $514.05 and a 200-day simple moving average of $488.03. The stock has a market cap of $64.80 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $382.70 and a 52 week high of $536.63.

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).