Farmers & Merchants Trust Co of Chambersburg PA Cuts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Farmers & Merchants Trust Co of Chambersburg PA decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 60.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 140 shares of the exchange traded fund’s stock after selling 210 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in Vanguard Information Technology ETF were worth $87,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth $30,000. Kentucky Trust Co bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth $31,000. Finally, Coastline Trust Co bought a new stake in Vanguard Information Technology ETF during the third quarter worth $32,000.

Vanguard Information Technology ETF Trading Up 1.6 %

Shares of Vanguard Information Technology ETF stock opened at $636.95 on Friday. The business’s fifty day simple moving average is $629.16 and its 200 day simple moving average is $599.72. The firm has a market capitalization of $80.20 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76.

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).