Vanguard Information Technology ETF (NYSEARCA:VGT) Reaches New 1-Year High – Here’s What Happened

Vanguard Information Technology ETF (NYSEARCA:VGT)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $612.57 and last traded at $612.32, with a volume of 482013 shares changing hands. The stock had previously closed at $594.39.

Vanguard Information Technology ETF Stock Up 3.1 %

The company has a market capitalization of $77.15 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a fifty day moving average price of $582.18 and a 200 day moving average price of $563.66.

Institutional Trading of Vanguard Information Technology ETF

A number of institutional investors have recently modified their holdings of VGT. St. Johns Investment Management Company LLC bought a new stake in Vanguard Information Technology ETF during the third quarter worth about $30,000. Triad Wealth Partners LLC bought a new stake in Vanguard Information Technology ETF during the second quarter worth about $32,000. Coastline Trust Co bought a new stake in Vanguard Information Technology ETF during the third quarter worth about $32,000. Bell Investment Advisors Inc bought a new stake in Vanguard Information Technology ETF during the second quarter worth about $33,000. Finally, Halpern Financial Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter worth about $33,000.

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).