First Horizon Advisors Inc. Sells 92 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

First Horizon Advisors Inc. trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,883 shares of the exchange traded fund’s stock after selling 92 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $3,036,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. SG Americas Securities LLC acquired a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at about $110,000. Hennion & Walsh Asset Management Inc. raised its stake in Vanguard Information Technology ETF by 4.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,763 shares of the exchange traded fund’s stock valued at $1,621,000 after buying an additional 119 shares during the period. Mount Yale Investment Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $602,000. Arkadios Wealth Advisors lifted its position in shares of Vanguard Information Technology ETF by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 2,321 shares of the exchange traded fund’s stock valued at $1,362,000 after buying an additional 88 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard Information Technology ETF by 18.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 60,490 shares of the exchange traded fund’s stock worth $35,479,000 after acquiring an additional 9,279 shares during the period.

Vanguard Information Technology ETF Trading Down 2.7 %

VGT opened at $624.14 on Monday. The stock’s fifty day simple moving average is $629.09 and its 200 day simple moving average is $605.08. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The stock has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).