Kwmg LLC Sells 917 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Kwmg LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,125 shares of the exchange traded fund’s stock after selling 917 shares during the period. Vanguard Information Technology ETF accounts for 1.4% of Kwmg LLC’s investment portfolio, making the stock its 21st biggest position. Kwmg LLC’s holdings in Vanguard Information Technology ETF were worth $13,757,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter worth $32,000. Halpern Financial Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter valued at $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in Vanguard Information Technology ETF by 107.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT traded down $4.88 on Monday, hitting $608.56. The company’s stock had a trading volume of 749,508 shares, compared to its average volume of 680,209. The company has a market capitalization of $76.63 billion, a PE ratio of 36.30 and a beta of 1.41. The company has a 50-day simple moving average of $626.27 and a 200 day simple moving average of $593.70. Vanguard Information Technology ETF has a 1 year low of $473.89 and a 1 year high of $648.66.

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).