Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,278 shares of the exchange traded fund’s stock after selling 378 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $6,659,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Zions Bancorporation N.A. lifted its holdings in shares of Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 24 shares during the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Copia Wealth Management acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Up 0.4%

Vanguard Information Technology ETF stock opened at $609.13 on Friday. The firm has a market cap of $85.58 billion, a PE ratio of 33.98 and a beta of 1.24. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $648.76. The company’s 50 day moving average is $553.24 and its two-hundred day moving average is $594.44.

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).