Quadrature Capital Ltd Invests $7.78 Million in Vanguard Information Technology ETF (NYSEARCA:VGT)

Quadrature Capital Ltd purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 1st quarter, HoldingsChannel reports. The fund purchased 14,854 shares of the exchange traded fund’s stock, valued at approximately $7,783,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VGT. UBS Group AG lifted its stake in Vanguard Information Technology ETF by 1.8% during the fourth quarter. UBS Group AG now owns 1,762,372 shares of the exchange traded fund’s stock worth $852,988,000 after purchasing an additional 31,323 shares during the last quarter. International Assets Investment Management LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $692,917,000. Stifel Financial Corp lifted its holdings in shares of Vanguard Information Technology ETF by 4.3% in the 4th quarter. Stifel Financial Corp now owns 362,743 shares of the exchange traded fund’s stock worth $175,581,000 after acquiring an additional 14,861 shares during the last quarter. Beacon Capital Management Inc. boosted its stake in shares of Vanguard Information Technology ETF by 189.0% in the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after purchasing an additional 207,468 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Vanguard Information Technology ETF by 8.5% in the 4th quarter. Cerity Partners LLC now owns 253,661 shares of the exchange traded fund’s stock valued at $122,771,000 after purchasing an additional 19,816 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT traded up $6.57 during trading hours on Friday, reaching $561.56. The company’s stock had a trading volume of 473,054 shares, compared to its average volume of 470,184. The firm has a market capitalization of $70.71 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a 50-day simple moving average of $570.34 and a 200-day simple moving average of $531.58. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15.

About Vanguard Information Technology ETF

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).