Apollon Wealth Management LLC Trims Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Apollon Wealth Management LLC lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,511 shares of the exchange traded fund’s stock after selling 176 shares during the period. Apollon Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,699,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cooper Financial Group acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $234,000. Patriot Financial Group Insurance Agency LLC grew its position in shares of Vanguard Information Technology ETF by 19.3% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock valued at $457,000 after acquiring an additional 153 shares during the period. Ritholtz Wealth Management increased its stake in shares of Vanguard Information Technology ETF by 2.7% in the 4th quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after purchasing an additional 45 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Vanguard Information Technology ETF by 23.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock worth $1,473,000 after purchasing an additional 584 shares during the period. Finally, Altfest L J & Co. Inc. purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $243,000.

Vanguard Information Technology ETF Stock Down 0.1 %

Shares of Vanguard Information Technology ETF stock traded down $0.64 on Wednesday, reaching $514.03. The company’s stock had a trading volume of 74,621 shares, compared to its average volume of 476,889. Vanguard Information Technology ETF has a 52-week low of $382.70 and a 52-week high of $536.63. The company has a market capitalization of $64.73 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock has a 50-day moving average price of $514.05 and a 200-day moving average price of $488.03.

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).