Marcum Wealth LLC Has $742,000 Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Marcum Wealth LLC cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,194 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Marcum Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $742,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at about $30,000. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF during the third quarter worth $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $32,000. Halpern Financial Inc. acquired a new position in Vanguard Information Technology ETF during the third quarter worth approximately $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Vanguard Information Technology ETF by 107.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $608.42 on Tuesday. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66. The stock has a fifty day moving average price of $626.72 and a 200-day moving average price of $593.91. The company has a market cap of $76.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).