Christensen King & Associates Investment Services Inc. Sells 222 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Christensen King & Associates Investment Services Inc. cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,824 shares of the exchange traded fund’s stock after selling 222 shares during the quarter. Vanguard Information Technology ETF makes up about 1.1% of Christensen King & Associates Investment Services Inc.’s holdings, making the stock its 22nd biggest position. Christensen King & Associates Investment Services Inc.’s holdings in Vanguard Information Technology ETF were worth $2,243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wulff Hansen & CO. lifted its holdings in shares of Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after acquiring an additional 1,504,206 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Information Technology ETF by 5.9% during the 2nd quarter. LPL Financial LLC now owns 1,161,897 shares of the exchange traded fund’s stock worth $669,938,000 after acquiring an additional 64,672 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Information Technology ETF by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after acquiring an additional 17,933 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after purchasing an additional 4,910 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.1 %

VGT stock traded up $0.75 during trading on Tuesday, hitting $607.68. 281,581 shares of the stock traded hands, compared to its average volume of 462,195. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $610.06. The stock has a market cap of $76.52 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a 50 day simple moving average of $575.88 and a 200 day simple moving average of $556.40.

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).