GPM Growth Investors Inc. Sells 25 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

GPM Growth Investors Inc. lessened its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,071 shares of the exchange traded fund’s stock after selling 25 shares during the period. GPM Growth Investors Inc.’s holdings in Vanguard Information Technology ETF were worth $2,531,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VGT. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after buying an additional 1,229,688 shares during the last quarter. LPL Financial LLC grew its position in shares of Vanguard Information Technology ETF by 2.3% in the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $586.92 on Thursday. The firm has a market capitalization of $81.48 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a fifty day moving average of $622.48 and a 200 day moving average of $607.16.

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).