Ferguson Wellman Capital Management Inc. Sells 71 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Ferguson Wellman Capital Management Inc. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 694 shares of the exchange traded fund’s stock after selling 71 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $432,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of VGT. St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Brooklyn Investment Group purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of 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 buying an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 1.3 %

Shares of NYSEARCA VGT opened at $628.86 on Tuesday. The stock has a market cap of $79.19 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The stock’s 50-day moving average is $629.57 and its 200 day moving average is $598.54.

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).