Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Sheets Smith Wealth Management

Sheets Smith Wealth Management decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 28.4% in the fourth quarter, HoldingsChannel reports. The firm owned 682 shares of the exchange traded fund’s stock after selling 270 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Information Technology ETF were worth $424,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 10.0% during 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 buying an additional 501,703 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter worth about $55,988,000. SteelPeak Wealth LLC raised its position in Vanguard Information Technology ETF by 2,097.0% during the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after acquiring an additional 60,205 shares in the last quarter. Royal Fund Management LLC lifted its holdings in Vanguard Information Technology ETF by 258.7% in the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after acquiring an additional 39,126 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its position in Vanguard Information Technology ETF by 850.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,424 shares of the exchange traded fund’s stock worth $19,017,000 after purchasing an additional 29,011 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $645.27 on Thursday. The firm’s 50 day simple moving average is $627.46 and its 200-day simple moving average is $595.41. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The stock has a market capitalization of $81.25 billion, a price-to-earnings 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).