HBW Advisory Services LLC Cuts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

HBW Advisory Services LLC decreased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,376 shares of the exchange traded fund’s stock after selling 100 shares during the period. HBW Advisory Services LLC’s holdings in Vanguard Information Technology ETF were worth $855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VGT. Wulff Hansen & CO. lifted its position in shares of Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after buying an additional 501,703 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Vanguard Information Technology ETF by 263.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after buying an additional 123,866 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at about $55,988,000. Finally, SteelPeak Wealth LLC increased its position in shares of Vanguard Information Technology ETF by 2,097.0% during the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after acquiring an additional 60,205 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.1 %

Shares of NYSEARCA VGT opened at $613.44 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66. The business has a 50 day moving average price of $626.27 and a two-hundred day moving average price of $593.45. The firm has a market cap of $77.24 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).