Apollon Wealth Management LLC Has $1.91 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Apollon Wealth Management LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,317 shares of the exchange traded fund’s stock after selling 392 shares during the period. Apollon Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,913,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bfsg LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $32,000. Richardson Capital Management LLC acquired a new stake in Vanguard Information Technology ETF in the 1st quarter worth approximately $29,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $28,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF during the first quarter worth approximately $34,000.

Vanguard Information Technology ETF Stock Up 1.4 %

Shares of VGT stock traded up $7.98 during trading hours on Monday, reaching $580.69. 500,367 shares of the company’s stock were exchanged, compared to its average volume of 480,357. Vanguard Information Technology ETF has a fifty-two week low of $397.76 and a fifty-two week high of $609.15. The stock has a market capitalization of $73.12 billion, a P/E ratio of 36.30 and a beta of 1.41. The business has a fifty day moving average price of $570.87 and a 200-day moving average price of $537.15.

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).