Silverlake Wealth Management LLC Sells 20 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Silverlake Wealth Management LLC cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 876 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $545,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in shares of 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 worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. LPL Financial LLC increased its holdings in shares of 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 during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 311.5% during the fourth 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. Stifel Financial Corp increased its holdings in shares of Vanguard Information Technology ETF by 4.2% during the third 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. Finally, HighTower Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock worth $194,842,000 after purchasing an additional 3,774 shares during the period.

Vanguard Information Technology ETF Trading Up 1.3 %

NYSEARCA VGT opened at $616.00 on Wednesday. The firm has a market capitalization of $77.57 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s 50 day simple moving average is $629.37 and its 200 day simple moving average is $597.22. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year 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).