Symphony Financial Services Inc. Trims Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Symphony Financial Services Inc. reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,987 shares of the exchange traded fund’s stock after selling 48 shares during the quarter. Vanguard Information Technology ETF makes up 2.0% of Symphony Financial Services Inc.’s investment portfolio, making the stock its 16th biggest position. Symphony Financial Services Inc.’s holdings in Vanguard Information Technology ETF were worth $2,479,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. LPL Financial LLC lifted its position in shares of 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 buying an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after buying an additional 510,798 shares in the last quarter. Finally, Stifel Financial Corp grew its position in shares of Vanguard Information Technology ETF by 4.2% in the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after buying an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.0 %

NYSEARCA:VGT opened at $578.20 on Wednesday. The firm has a 50 day moving average of $623.63 and a 200 day moving average of $607.30. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The stock has a market capitalization of $80.27 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

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).