Great Valley Advisor Group Inc. Cuts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Great Valley Advisor Group Inc. cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,288 shares of the exchange traded fund’s stock after selling 172 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,342,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF in the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth $32,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $32,000. Finally, Bell Investment Advisors Inc purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $33,000.

Vanguard Information Technology ETF Stock Down 0.0 %

NYSEARCA VGT opened at $621.29 on Tuesday. The company has a market cap of $78.23 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $454.77 and a 52 week high of $627.57. The firm’s 50-day simple moving average is $597.93 and its two-hundred day simple moving average is $574.63.

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).