FPC Investment Advisory Inc. Reduces Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

FPC Investment Advisory Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,960 shares of the exchange traded fund’s stock after selling 370 shares during the period. Vanguard Information Technology ETF makes up about 4.0% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its 9th largest holding. FPC Investment Advisory Inc.’s holdings in Vanguard Information Technology ETF were worth $5,525,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Peterson Financial Group Inc. acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $31,000. Finally, Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $32,000.

Vanguard Information Technology ETF Stock Down 2.7 %

Shares of NYSEARCA:VGT opened at $624.14 on Friday. The company’s fifty day moving average is $629.09 and its two-hundred day moving average is $604.45. 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 $78.59 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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