SteelPeak Wealth LLC Sells 69,675 Shares of Vanguard Information Technology ETF $VGT

SteelPeak Wealth LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 95.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,466 shares of the exchange traded fund’s stock after selling 69,675 shares during the period. SteelPeak Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $2,299,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VGT. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $454,530,000. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Information Technology ETF by 6.2% during the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after buying an additional 359,822 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Vanguard Information Technology ETF by 210.4% during the first quarter. Jones Financial Companies Lllp now owns 88,334 shares of the exchange traded fund’s stock valued at $47,911,000 after buying an additional 59,877 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Vanguard Information Technology ETF by 7.7% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 726,684 shares of the exchange traded fund’s stock valued at $394,139,000 after buying an additional 51,893 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.9%

NYSEARCA:VGT opened at $755.19 on Wednesday. The company’s 50 day moving average price is $713.00 and its 200-day moving average price is $639.22. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $766.88. The stock has a market cap of $108.95 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).