Smith Anglin Financial LLC Grows Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Smith Anglin Financial LLC raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 51.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 612 shares of the exchange traded fund’s stock after purchasing an additional 207 shares during the period. Smith Anglin Financial LLC’s holdings in Vanguard Information Technology ETF were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Coastline Trust Co purchased a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000. Halpern Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Vanguard Information Technology ETF by 107.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $619.79 on Wednesday. Vanguard Information Technology ETF has a 12 month low of $473.89 and a 12 month high of $648.66. The company has a 50-day moving average of $627.02 and a 200-day moving average of $594.15. The company has a market cap of $78.04 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).