Mainstream Capital Management LLC reduced its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 2.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,277 shares of the exchange traded fund’s stock after selling 63 shares during the quarter. Mainstream Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,416,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in VGT. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. Kentucky Trust Co bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $31,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at $32,000. Finally, Duncker Streett & Co. Inc. bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $35,000.
Vanguard Information Technology ETF Trading Down 3.4 %
NYSEARCA:VGT opened at $578.36 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The firm has a fifty day simple moving average of $624.95 and a 200 day simple moving average of $607.26. The stock has a market capitalization of $80.29 billion, a PE ratio of 36.18 and a beta of 1.16.
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).
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