Axos Invest Inc. Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Axos Invest Inc. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,070 shares of the exchange traded fund’s stock after selling 66 shares during the period. Vanguard Information Technology ETF comprises about 0.5% of Axos Invest Inc.’s investment portfolio, making the stock its 14th largest position. Axos Invest Inc.’s holdings in Vanguard Information Technology ETF were worth $665,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VGT. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $30,000. St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Peterson Financial Group Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in Vanguard Information Technology ETF by 107.1% in the third 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 Trading Up 0.4 %

NYSEARCA VGT opened at $627.03 on Friday. The business’s 50-day moving average price is $629.39 and its 200 day moving average price is $597.71. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market capitalization of $78.96 billion, a PE ratio of 36.30 and a beta of 1.41.

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).