Cambridge Trust Co. has increased its stake in the Vanguard Information Technology ETF (VGT) by 3.2%, while other institutional investors and hedge funds have also either increased or reduced their holdings in VGT. VGT seeks to track the MSCI US Investable Market Information Technology 25/50 Index. The ETF has a 52-week low of $291.61 and a 52-week high of $429.56, with a market capitalization of $45.18 billion, a price-to-earnings ratio of 24.70, and a beta of 1.14. Investors can subscribe to MarketBeat.com’s free daily email newsletter to receive a concise summary of news and ratings for VGT and related companies. The most important keywords from the content are “Vanguard Information Technology ETF”, “VGT”, “institutional investors”, “hedge funds”, and “MSCI US Investable Market Information Technology 25/50 Index.”
Cambridge Trust Co. has increased its stake in the Vanguard Information Technology ETF (VGT) by 3.2% during the fourth quarter of 2022, as stated in the company’s most recent filing. Other institutional investors and hedge funds have also either increased or reduced their holdings in VGT. Trinity Legacy Partners LLC grew its position in the ETF by 2.3% during the same quarter, while Wedmont Private Capital grew its position by 6.2%. Parkside Advisors LLC acquired a new stake in the ETF during the quarter, while Capital Investment Advisors LLC increased its stake by 196.7%. Massmutual Trust Co. FSB ADV also increased its stake in VGT by 3.7%.
Shares of VGT opened at $366.09 on Friday, with a 52-week low of $291.61 and a 52-week high of $429.56. The ETF has a market capitalization of $45.18 billion, a price-to-earnings ratio of 24.70, and a beta of 1.14. Its 50-day simple moving average stands at $352.59, while the 200-day simple moving average is at $336.63.
VGT is designed to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index. The index is a benchmark of large, mid, and small-cap US stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).
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