Evolution Wealth Advisors LLC Has $4.05 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Evolution Wealth Advisors LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.5% during the third quarter, HoldingsChannel.com reports. The firm owned 6,898 shares of the exchange traded fund’s stock after selling 35 shares during the period. Vanguard Information Technology ETF makes up about 0.7% of Evolution Wealth Advisors LLC’s holdings, making the stock its 29th biggest holding. Evolution Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $4,046,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VGT. St. Johns Investment Management Company LLC acquired a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $32,000. Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth approximately $32,000. Bell Investment Advisors Inc bought a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $33,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $33,000.

Vanguard Information Technology ETF Trading Down 2.4 %

VGT stock opened at $602.95 on Friday. The stock has a 50-day moving average price of $591.06 and a two-hundred day moving average price of $569.16. Vanguard Information Technology ETF has a 1 year low of $452.47 and a 1 year high of $626.45. The stock has a market cap of $75.92 billion, a PE ratio of 36.30 and a beta of 1.41.

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).