Courier Capital LLC Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Courier Capital LLC reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 940 shares of the exchange traded fund’s stock after selling 141 shares during the quarter. Courier Capital LLC’s holdings in Vanguard Information Technology ETF were worth $493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cooper Financial Group purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $234,000. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 153 shares in the last quarter. TKG Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $210,000. Connectus Wealth LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $224,000. Finally, Traynor Capital Management Inc. raised its stake in shares of Vanguard Information Technology ETF by 17.7% during the first quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $665,000 after acquiring an additional 191 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.2 %

Shares of VGT stock traded down $0.97 during trading hours on Friday, hitting $576.59. 370,451 shares of the company’s stock were exchanged, compared to its average volume of 456,432. The company has a market capitalization of $72.60 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $593.10. The business’s 50 day simple moving average is $535.83 and its 200-day simple moving average is $514.97.

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).