Lpwm LLC Sells 34 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Lpwm LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,172 shares of the exchange traded fund’s stock after selling 34 shares during the period. Vanguard Information Technology ETF comprises 0.6% of Lpwm LLC’s portfolio, making the stock its 27th largest holding. Lpwm LLC’s holdings in Vanguard Information Technology ETF were worth $1,972,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Coastline Trust Co purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $32,000. Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF in the 3rd quarter valued at approximately $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in Vanguard Information Technology ETF by 107.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $609.87 on Wednesday. The firm has a market cap of $76.79 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business has a 50-day simple moving average of $627.02 and a two-hundred day simple moving average of $594.15. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66.

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).