C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Decreases Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,709 shares of the exchange traded fund’s stock after selling 532 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Vanguard Information Technology ETF were worth $1,686,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VGT. JPMorgan Chase & Co. grew its position in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Strategic Financial Concepts LLC grew its position in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the period. LPL Financial LLC grew its position in Vanguard Information Technology ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the period. Finally, Stifel Financial Corp grew its position in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the period.

Vanguard Information Technology ETF Trading Up 0.7 %

NYSEARCA:VGT opened at $644.10 on Wednesday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The company has a market cap of $81.11 billion, a PE ratio of 36.30 and a beta of 1.41. The company has a 50 day simple moving average of $628.98 and a two-hundred day simple moving average of $601.79.

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).