Latitude Advisors LLC Trims Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Latitude Advisors LLC reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,580 shares of the exchange traded fund’s stock after selling 157 shares during the quarter. Latitude Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $982,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VGT. JPMorgan Chase & Co. boosted its holdings in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after buying an additional 1,229,688 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after acquiring an additional 510,798 shares during the period. Finally, Stifel Financial Corp lifted its holdings in Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after acquiring an additional 15,742 shares during the period.

Vanguard Information Technology ETF Trading Up 1.3 %

VGT opened at $628.86 on Tuesday. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The company has a market cap of $79.19 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s 50 day moving average is $629.57 and its 200 day moving average is $598.54.

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).