SBI Securities Co. Ltd. Takes $32.88 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

SBI Securities Co. Ltd. bought a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 52,880 shares of the exchange traded fund’s stock, valued at approximately $32,881,000. Vanguard Information Technology ETF accounts for about 1.0% of SBI Securities Co. Ltd.’s holdings, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in Vanguard Information Technology ETF by 107.1% in the third 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 Trading Up 1.6 %

Vanguard Information Technology ETF stock opened at $598.48 on Friday. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The firm’s fifty day simple moving average is $626.13 and its 200-day simple moving average is $606.86. The company has a market capitalization of $83.08 billion, a P/E ratio of 36.18 and a beta of 1.16.

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).