Vanguard Information Technology ETF (NYSEARCA:VGT) Stock Position Lowered by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,068 shares of the exchange traded fund’s stock after selling 153 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,706,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VGT. Bfsg LLC acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $27,000. Signature Resources Capital Management LLC bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth $28,000. OLD Second National Bank of Aurora acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $29,000. Richardson Capital Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the first quarter worth $29,000. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter valued at $34,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded up $6.77 during midday trading on Wednesday, reaching $592.89. The company had a trading volume of 375,738 shares, compared to its average volume of 456,227. The company has a fifty day simple moving average of $543.23 and a two-hundred day simple moving average of $518.16. The firm has a market cap of $74.66 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $593.10.

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).