Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Boosted by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. raised its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 18,322 shares of the exchange traded fund’s stock after purchasing an additional 1,211 shares during the quarter. Vanguard Information Technology ETF comprises about 1.8% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 13th biggest holding. Arkansas Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $11,392,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 29 shares during the last quarter. Carnegie Investment Counsel grew its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the last quarter. Elevation Capital Advisory LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $1,983,000. FMR LLC lifted its holdings in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after purchasing an additional 6,396 shares during the last quarter. Finally, Citigroup Inc. boosted its position in Vanguard Information Technology ETF by 21.2% during the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after purchasing an additional 7,223 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $640.96 on Thursday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The stock has a fifty day moving average price of $627.96 and a 200 day moving average price of $595.76. The company has a market cap of $80.71 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).