Envestnet Portfolio Solutions Inc. Has $9.56 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Envestnet Portfolio Solutions Inc. lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% during the fourth quarter, Holdings Channel reports. The fund owned 15,378 shares of the exchange traded fund’s stock after selling 91 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Information Technology ETF were worth $9,562,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Information Technology ETF by 10.0% during 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 during the period. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after acquiring an additional 1,229,688 shares during the period. 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 acquiring an additional 26,845 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after acquiring an additional 510,798 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $566.35 on Tuesday. The company’s 50 day moving average price is $611.02 and its 200 day moving average price is $606.46. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The company has a market capitalization of $78.88 billion, a PE ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF 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).