Vanguard Information Technology ETF $VGT Shares Sold by Proffitt & Goodson Inc.

Proffitt & Goodson Inc. decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.4% during the second quarter, Holdings Channel.com reports. The firm owned 1,125 shares of the exchange traded fund’s stock after selling 28 shares during the period. Proffitt & Goodson Inc.’s holdings in Vanguard Information Technology ETF were worth $746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VGT. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $773,405,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $454,530,000. JPMorgan Chase & Co. lifted its position in shares of Vanguard Information Technology ETF by 6.2% during the 1st 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 in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Vanguard Information Technology ETF by 210.4% during the 1st 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 in the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in Vanguard Information Technology ETF by 348.1% in the 1st quarter. SteelPeak Wealth LLC now owns 73,141 shares of the exchange traded fund’s stock valued at $39,670,000 after purchasing an additional 56,819 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $755.19 on Wednesday. The stock’s fifty day moving average is $713.00 and its two-hundred day moving average is $639.22. The firm has a market capitalization of $108.95 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $766.88.

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).