IFS Advisors LLC Lowers Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

IFS Advisors LLC lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,501 shares of the exchange traded fund’s stock after selling 905 shares during the quarter. Vanguard Information Technology ETF makes up approximately 10.0% of IFS Advisors LLC’s holdings, making the stock its 3rd biggest position. IFS Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $12,748,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Vanguard Information Technology ETF by 263.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after buying an additional 123,866 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $55,988,000. SteelPeak Wealth LLC raised its stake in Vanguard Information Technology ETF by 2,097.0% during the 3rd 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 period. Finally, Royal Fund Management LLC raised its position in shares of Vanguard Information Technology ETF by 258.7% during the 3rd quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after purchasing an additional 39,126 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $629.73 on Thursday. The company has a fifty day moving average of $627.02 and a 200 day moving average of $594.15. The company has a market capitalization of $79.30 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66.

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).