Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,979 shares of the exchange traded fund’s stock after selling 280 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,852,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VGT. Elevation Capital Advisory LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter worth about $1,983,000. FMR LLC increased its stake in Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares in the last quarter. Citigroup Inc. raised its holdings in Vanguard Information Technology ETF by 21.2% during the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after purchasing an additional 7,223 shares during the last quarter. Wulff Hansen & CO. boosted its position in Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Finally, Northstar Group Inc. boosted its position in Vanguard Information Technology ETF by 3.9% during the third quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 0.2 %

Shares of VGT stock opened at $609.87 on Wednesday. The stock has a market cap of $76.79 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66. The business has a fifty day simple moving average of $627.02 and a 200-day simple moving average of $594.15.

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).