Christensen King & Associates Investment Services Inc. Sells 148 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Christensen King & Associates Investment Services Inc. lessened its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,676 shares of the exchange traded fund’s stock after selling 148 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 1.1% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 23rd largest holding. Christensen King & Associates Investment Services Inc.’s holdings in Vanguard Information Technology ETF were worth $2,369,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Wulff Hansen & CO. lifted its position in shares of Vanguard Information Technology ETF by 56,640.2% in the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after acquiring an additional 5,331,540 shares in the last quarter. LPL Financial LLC grew its stake in 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 acquiring an additional 26,845 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Information Technology ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after buying an additional 17,933 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after purchasing an additional 15,742 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.8 %

Shares of NYSEARCA:VGT opened at $608.42 on Tuesday. Vanguard Information Technology ETF has a 12 month low of $473.89 and a 12 month high of $648.66. The company has a market cap of $76.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a 50-day moving average price of $626.72 and a 200 day moving average price of $593.91.

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).