Vanguard Information Technology ETF (NYSEARCA:VGT – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $594.93 and last traded at $593.80, with a volume of 53491 shares. The stock had previously closed at $592.89.

Vanguard Information Technology ETF Stock Up 0.5 %

The company’s 50-day moving average is $548.96 and its 200 day moving average is $520.22. The company has a market cap of $75.04 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Institutional Investors Weigh In On Vanguard Information Technology ETF

A number of institutional investors have recently modified their holdings of the business. Morgan Stanley lifted its stake in Vanguard Information Technology ETF by 1.3% in the 3rd quarter. Morgan Stanley now owns 1,861,916 shares of the exchange traded fund’s stock valued at $772,509,000 after buying an additional 23,227 shares in the last quarter. UBS Group AG grew its holdings in shares of Vanguard Information Technology ETF by 1.8% during the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after buying an additional 31,323 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $692,917,000. Stifel Financial Corp lifted its stake in shares of Vanguard Information Technology ETF by 4.3% in the fourth quarter. Stifel Financial Corp now owns 362,743 shares of the exchange traded fund’s stock worth $175,581,000 after buying an additional 14,861 shares in the last quarter. Finally, Beacon Capital Management Inc. boosted its position in Vanguard Information Technology ETF by 189.0% during the first quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock worth $166,685,000 after acquiring an additional 207,468 shares during the last quarter.

About Vanguard Information Technology ETF

(Get Free Report)

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).

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