EP Wealth Advisors LLC Trims Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

EP Wealth Advisors LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 23.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,595 shares of the exchange traded fund’s stock after selling 3,541 shares during the period. EP Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $7,210,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 10.0% during 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 acquiring an additional 501,703 shares during the period. International Assets Investment Management LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $4,123,000. InvesTrust purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $313,000. Watts Gwilliam & Co. LLC boosted its holdings in shares of Vanguard Information Technology ETF by 22.3% in the 4th quarter. Watts Gwilliam & Co. LLC now owns 460 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 84 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $104,000.

Vanguard Information Technology ETF Stock Up 1.0 %

VGT stock opened at $564.51 on Thursday. The company has a market cap of $79.18 billion, a price-to-earnings ratio of 30.08 and a beta of 1.23. The business has a fifty day simple moving average of $541.21 and a 200-day simple moving average of $594.54. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $648.76.

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).