Private Advisor Group LLC Reduces Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Private Advisor Group LLC decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 61,528 shares of the exchange traded fund’s stock after selling 477 shares during the period. Private Advisor Group LLC’s holdings in Vanguard Information Technology ETF were worth $38,258,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of 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 valued at $3,222,539,000 after buying an additional 501,703 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of Vanguard Information Technology ETF by 39,912.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $644.10 on Wednesday. The stock has a market capitalization of $81.11 billion, a P/E ratio of 36.30 and a beta of 1.41. The company has a 50 day moving average price of $628.98 and a 200 day moving average price of $601.79. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).