Stratos Wealth Advisors LLC Sells 2,462 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Stratos Wealth Advisors LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 29.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,040 shares of the exchange traded fund’s stock after selling 2,462 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,756,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Coastline Trust Co bought a new position in Vanguard Information Technology ETF during the third quarter worth $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 107.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $616.00 on Wednesday. The stock has a market cap of $77.57 billion, a PE ratio of 36.30 and a beta of 1.41. The firm has a 50-day moving average of $629.37 and a 200-day moving average of $597.22. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week 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).