Vanguard Information Technology ETF (NYSEARCA:VGT) Position Reduced by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 598 shares of the exchange traded fund’s stock after selling 36 shares during the period. Acorn Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $372,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Strategic Financial Concepts LLC raised its stake in Vanguard Information Technology ETF by 39,912.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew 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 valued at $419,585,000 after buying an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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. Serenus Wealth Advisors LLC purchased a new stake in Vanguard Information Technology ETF in the 4th quarter worth about $38,429,000. Finally, SteelPeak Wealth LLC lifted its stake in Vanguard Information Technology ETF by 2,097.0% in the 3rd quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after acquiring an additional 60,205 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $615.04 on Tuesday. The stock has a market cap of $77.45 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The stock’s 50-day moving average is $628.43 and its two-hundred day moving average is $605.66.

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).