South State Corp cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 75.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,953 shares of the exchange traded fund’s stock after selling 9,047 shares during the period. South State Corp’s holdings in Vanguard Information Technology ETF were worth $416,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VGT. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Information Technology ETF by 34.5% in the second quarter. JPMorgan Chase & Co. now owns 1,495,143 shares of the exchange traded fund’s stock valued at $210,577,000 after acquiring an additional 383,143 shares in the last quarter. Richard Bernstein Advisors LLC grew its holdings in Vanguard Information Technology ETF by 36.2% during the second quarter. Richard Bernstein Advisors LLC now owns 323,267 shares of the exchange traded fund’s stock valued at $45,529,000 after purchasing an additional 85,940 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in Vanguard Information Technology ETF by 52.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 68,343 shares of the exchange traded fund’s stock valued at $9,625,000 after purchasing an additional 23,558 shares during the period. Pictet Asset Management Ltd. grew its holdings in Vanguard Information Technology ETF by 76.7% during the second quarter. Pictet Asset Management Ltd. now owns 50,768 shares of the exchange traded fund’s stock valued at $7,327,000 after purchasing an additional 22,035 shares during the period. Finally, Cornerstone Advisory LLP bought a new position in Vanguard Information Technology ETF during the second quarter valued at $2,920,000.

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Shares of Vanguard Information Technology ETF (VGT) traded down 0.31% during trading on Wednesday, reaching $151.60. The company’s stock had a trading volume of 67,317 shares. Vanguard Information Technology ETF has a one year low of $116.32 and a one year high of $151.89. The firm’s 50-day moving average price is $148.31 and its 200-day moving average price is $141.99.

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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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