Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 725,779 shares of the exchange traded fund’s stock after selling 79,857 shares during the quarter. Fisher Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $351,277,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $27,000. Signature Resources Capital Management LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $28,000. OLD Second National Bank of Aurora acquired a new position in Vanguard Information Technology ETF during the 4th quarter valued at approximately $29,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $36,000. Finally, Horizons Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $37,000.

Vanguard Information Technology ETF Stock Up 0.4 %

Shares of VGT traded up $2.24 during trading hours on Friday, reaching $579.41. 389,342 shares of the company traded hands, compared to its average volume of 455,169. The business has a fifty day moving average price of $524.95 and a 200-day moving average price of $508.72. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $580.15. The stock has a market capitalization of $72.96 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).