Parsons Capital Management Inc. RI Purchases 70 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Parsons Capital Management Inc. RI boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,650 shares of the exchange traded fund’s stock after purchasing an additional 70 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Information Technology ETF were worth $1,026,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after acquiring an additional 510,798 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $55,988,000. SteelPeak Wealth LLC raised its position in shares of Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after buying an additional 60,205 shares in the last quarter. Finally, Royal Fund Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 258.7% in the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after buying an additional 39,126 shares during the period.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $606.78 on Tuesday. The stock’s fifty day moving average price is $629.27 and its two-hundred day moving average price is $596.30. The firm has a market cap of $76.41 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76.

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).