FSM Wealth Advisors LLC Reduces Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

FSM Wealth Advisors LLC decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,380 shares of the exchange traded fund’s stock after selling 44 shares during the period. FSM Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $809,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wulff Hansen & CO. grew 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 grew its stake in Vanguard Information Technology ETF by 54,658.6% in the second quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after purchasing an additional 1,504,206 shares during the period. Liberty Wealth Management LLC raised its holdings in Vanguard Information Technology ETF by 6,873.3% in the second quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after purchasing an additional 307,580 shares in the last quarter. Cetera Investment Advisers lifted its position in Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock valued at $124,193,000 after buying an additional 205,928 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard Information Technology ETF by 263.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after buying an additional 123,866 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $585.90 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $425.99 and a 1 year high of $612.05. The firm has a 50-day moving average of $580.97 and a 200 day moving average of $562.51. The stock has a market cap of $73.78 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).