Simmons Bank Reduces Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Simmons Bank reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,008 shares of the exchange traded fund’s stock after selling 114 shares during the quarter. Simmons Bank’s holdings in Vanguard Information Technology ETF were worth $3,736,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Brooklyn Investment Group purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth $31,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings 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 worth $34,000 after purchasing an additional 30 shares during the period.

Vanguard Information Technology ETF Trading Up 0.7 %

NYSEARCA VGT opened at $610.47 on Thursday. The stock has a fifty day simple moving average of $627.45 and a 200-day simple moving average of $606.19. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock has a market cap of $84.75 billion, a PE ratio of 36.18 and a beta of 1.16.

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).