IVC Wealth Advisors LLC Lowers Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

IVC Wealth Advisors LLC lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 862 shares of the exchange traded fund’s stock after selling 125 shares during the quarter. IVC Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $536,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in Vanguard Information Technology ETF by 10.0% during 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 during the last quarter. LPL Financial LLC raised its holdings in Vanguard Information Technology ETF by 2.3% during the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Information Technology ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after purchasing an additional 17,933 shares in the last quarter. Stifel Financial Corp lifted its position in Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after purchasing an additional 15,742 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock valued at $194,842,000 after purchasing an additional 3,774 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.2 %

NYSEARCA VGT opened at $646.34 on Friday. The stock has a market capitalization of $81.39 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $627.96 and its two-hundred day moving average is $595.76. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month 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).