Cathy Pareto & Associates Inc. Has $3.58 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cathy Pareto & Associates Inc. trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,592 shares of the exchange traded fund’s stock after selling 210 shares during the period. Vanguard Information Technology ETF accounts for approximately 3.2% of Cathy Pareto & Associates Inc.’s holdings, making the stock its 13th largest holding. Cathy Pareto & Associates Inc.’s holdings in Vanguard Information Technology ETF were worth $3,576,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Vanguard Information Technology ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock worth $3,585,273,000 after acquiring an additional 271,622 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard Information Technology ETF by 10.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock worth $941,773,000 after acquiring an additional 144,217 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Information Technology ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock worth $824,430,000 after acquiring an additional 137,134 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during 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 in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $494,903,000.

Vanguard Information Technology ETF Stock Up 1.6%

NYSEARCA:VGT opened at $621.63 on Wednesday. The stock’s 50 day moving average price is $556.02 and its two-hundred day moving average price is $594.21. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76. The firm has a market capitalization of $87.66 billion, a price-to-earnings ratio of 35.89 and a beta of 1.24.

Vanguard Information Technology ETF 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).