J.W. Cole Advisors Inc. Has $6.33 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

J.W. Cole Advisors Inc. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,084 shares of the exchange traded fund’s stock after selling 3,781 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $6,332,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cooper Financial Group acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $234,000. Patriot Financial Group Insurance Agency LLC grew its position in Vanguard Information Technology ETF by 19.3% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock valued at $457,000 after acquiring an additional 153 shares during the period. Ritholtz Wealth Management grew its position in Vanguard Information Technology ETF by 2.7% in the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after acquiring an additional 45 shares during the period. Sequoia Financial Advisors LLC grew its position in Vanguard Information Technology ETF by 23.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after acquiring an additional 584 shares during the period. Finally, Altfest L J & Co. Inc. bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $243,000.

Vanguard Information Technology ETF Stock Down 2.7 %

NYSEARCA:VGT traded down $13.09 during trading hours on Friday, reaching $479.88. The company had a trading volume of 1,135,272 shares, compared to its average volume of 487,566. The stock has a 50-day moving average of $516.65 and a two-hundred day moving average of $480.57. Vanguard Information Technology ETF has a one year low of $368.39 and a one year high of $536.63. The firm has a market capitalization of $60.43 billion, a PE ratio of 37.45 and a beta of 1.37.

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).