Denver PWM LLC Sells 17 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Denver PWM LLC lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 244 shares of the exchange traded fund’s stock after selling 17 shares during the period. Denver PWM LLC’s holdings in Vanguard Information Technology ETF were worth $151,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF during the third quarter worth $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF during the third quarter worth $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $30,000. Kentucky Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $31,000. Finally, Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the third quarter worth $32,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $624.14 on Friday. The firm has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average is $629.09 and its 200-day moving average is $604.45. 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).