Stephens Inc. AR Decreases Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Stephens Inc. AR trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,988 shares of the exchange traded fund’s stock after selling 18 shares during the quarter. Stephens Inc. AR’s holdings in Vanguard Information Technology ETF were worth $2,339,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. St. Johns Investment Management Company LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Triad Wealth Partners LLC bought a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $32,000. Bell Investment Advisors Inc bought a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $33,000. Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $33,000. Finally, Family Firm Inc. bought a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $35,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $586.47 on Monday. The company has a market capitalization of $73.85 billion, a P/E ratio of 36.30 and a beta of 1.41. The company’s 50-day simple moving average is $580.74 and its two-hundred day simple moving average is $561.86. Vanguard Information Technology ETF has a one year low of $418.22 and a one year high of $612.05.

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).