Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Reduced by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,084 shares of the exchange traded fund’s stock after selling 3,781 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $6,332,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. First Capital Advisors Group LLC. bought a new stake in Vanguard Information Technology ETF in the second quarter worth about $25,000. OLD Second National Bank of Aurora bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $29,000. Tower Research Capital LLC TRC bought a new stake in Vanguard Information Technology ETF in the third quarter worth about $30,000. Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Information Technology ETF in the first quarter worth about $34,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $36,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT traded down $13.09 on Friday, hitting $479.88. 1,135,272 shares of the company were exchanged, compared to its average volume of 487,566. The company’s 50 day moving average price is $516.65 and its 200-day moving average price is $480.57. The firm has a market capitalization of $60.43 billion, a P/E ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a twelve month low of $368.39 and a twelve month high of $536.63.

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).