Fairview Capital Investment Management LLC Sells 40 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Fairview Capital Investment Management LLC cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,463 shares of the exchange traded fund’s stock after selling 40 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $910,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VGT. Sovereign Financial Group Inc. raised its holdings in shares of Vanguard Information Technology ETF by 0.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after purchasing an additional 17 shares during the last quarter. Bare Financial Services Inc grew its holdings in shares of Vanguard Information Technology ETF by 2.1% during the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 19 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Vanguard Information Technology ETF by 0.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,445 shares of the exchange traded fund’s stock valued at $2,763,000 after acquiring an additional 19 shares during the last quarter. Hamilton Point Investment Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 2.6% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after acquiring an additional 20 shares during the last quarter. Finally, Hemington Wealth Management boosted its holdings in Vanguard Information Technology ETF by 16.8% during the 4th quarter. Hemington Wealth Management now owns 139 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 20 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $571.18 on Friday. The stock has a 50 day simple moving average of $541.06 and a two-hundred day simple moving average of $594.29. The stock has a market cap of $80.12 billion, a P/E ratio of 30.08 and a beta of 1.23. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two 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).