Ferguson Wellman Capital Management Inc. Decreases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ferguson Wellman Capital Management Inc. reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 694 shares of the exchange traded fund’s stock after selling 71 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $432,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake 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 valued at $3,222,539,000 after buying an additional 501,703 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares during the period. LPL Financial LLC increased its stake 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 valued at $697,221,000 after buying an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake 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 valued at $419,585,000 after buying an additional 510,798 shares during the period. Finally, Stifel Financial Corp increased its stake 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 valued at $228,842,000 after buying an additional 15,742 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $628.86 on Tuesday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a market capitalization of $79.19 billion, a PE ratio of 36.30 and a beta of 1.41. The stock’s 50 day moving average price is $629.57 and its 200-day moving average price is $598.54.

Vanguard Information Technology ETF Company 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).