Facet Wealth Inc. Cuts Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Facet Wealth Inc. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 584 shares of the exchange traded fund’s stock after selling 78 shares during the period. Facet Wealth Inc.’s holdings in Vanguard Information Technology ETF were worth $363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. Strategic Financial Concepts LLC grew its stake in Vanguard Information Technology ETF by 39,912.0% in the 4th 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. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $494,903,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Vanguard Information Technology ETF by 311.5% in the 4th 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. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd 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. Finally, Wealthfront Advisers LLC boosted its stake in shares of Vanguard Information Technology ETF by 621.3% in the 4th quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock valued at $134,371,000 after purchasing an additional 186,139 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $563.01 on Friday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a market capitalization of $78.42 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. The company has a fifty day moving average of $612.53 and a 200-day moving average of $606.22.

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).