Sumitomo Mitsui DS Asset Management Company Ltd Raises Holdings in Vanguard Information Technology ETF $VGT

Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 98.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,326 shares of the exchange traded fund’s stock after acquiring an additional 3,138 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Information Technology ETF were worth $4,723,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. raised its holdings in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 21 shares during the period. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at about $31,000. Tripletail Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $40,000. Kilter Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $37,000. Finally, Sawyer & Company Inc acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $38,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $761.96 on Monday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The firm has a 50 day moving average price of $757.67 and a 200 day moving average price of $729.31. The company has a market capitalization of $114.02 billion, a PE ratio of 34.55 and a beta of 1.25.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.