Oppenheimer & Co. Inc. Grows Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Oppenheimer & Co. Inc. grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 15,324 shares of the exchange traded fund’s stock after buying an additional 748 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Information Technology ETF were worth $9,528,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VGT. Peterson Financial Group Inc. purchased a new stake in Vanguard Information Technology ETF in the third quarter worth $30,000. Brooklyn Investment Group purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth $31,000. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF in the third quarter worth $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 worth $34,000 after acquiring an additional 30 shares during the period.

Vanguard Information Technology ETF Stock Down 3.5 %

Shares of VGT stock opened at $588.97 on Friday. The stock has a fifty day moving average of $626.80 and a 200 day moving average of $606.07. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The firm has a market capitalization of $81.76 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

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).