Evolution Wealth Advisors LLC Has $3.71 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Evolution Wealth Advisors LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 7,068 shares of the exchange traded fund’s stock after selling 153 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,706,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. FMR LLC lifted its position in shares of Vanguard Information Technology ETF by 19.4% during the 3rd quarter. FMR LLC now owns 46,464 shares of the exchange traded fund’s stock valued at $19,278,000 after acquiring an additional 7,534 shares during the period. Trexquant Investment LP grew its stake in shares of Vanguard Information Technology ETF by 8.1% in the 3rd quarter. Trexquant Investment LP now owns 4,072 shares of the exchange traded fund’s stock valued at $1,689,000 after buying an additional 305 shares during the period. Ancora Advisors LLC increased its position in Vanguard Information Technology ETF by 11.6% in the 3rd quarter. Ancora Advisors LLC now owns 912 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 95 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in Vanguard Information Technology ETF by 84.1% during the 3rd quarter. SRS Capital Advisors Inc. now owns 510 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 233 shares during the period. Finally, Glenmede Trust Co. NA boosted its holdings in Vanguard Information Technology ETF by 3.6% in the third quarter. Glenmede Trust Co. NA now owns 15,321 shares of the exchange traded fund’s stock worth $6,357,000 after acquiring an additional 538 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.2 %

VGT stock traded up $6.77 during midday trading on Wednesday, reaching $592.89. 375,738 shares of the company’s stock traded hands, compared to its average volume of 456,227. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $593.10. The company has a market cap of $74.66 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average price is $543.23 and its 200-day moving average price is $518.16.

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).