Kennicott Capital Management LLC Cuts Holdings in Vanguard Industrials ETF (NYSEARCA:VIS)

Kennicott Capital Management LLC decreased its position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,344 shares of the company’s stock after selling 96 shares during the period. Kennicott Capital Management LLC’s holdings in Vanguard Industrials ETF were worth $296,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Founders Capital Management grew its position in shares of Vanguard Industrials ETF by 58.8% during the fourth quarter. Founders Capital Management now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 50 shares in the last quarter. Angeles Wealth Management LLC purchased a new position in shares of Vanguard Industrials ETF during the third quarter valued at about $43,000. Advisors Preferred LLC purchased a new position in shares of Vanguard Industrials ETF during the fourth quarter valued at about $102,000. Horizon Bancorp Inc. IN purchased a new position in Vanguard Industrials ETF in the third quarter worth about $109,000. Finally, Ramirez Asset Management Inc. purchased a new position in Vanguard Industrials ETF in the third quarter worth about $113,000.

Vanguard Industrials ETF Stock Up 1.5 %

VIS traded up $3.46 on Tuesday, hitting $237.17. The company had a trading volume of 71,829 shares, compared to its average volume of 91,504. The company has a market cap of $5.17 billion, a PE ratio of 24.96 and a beta of 1.14. Vanguard Industrials ETF has a 12-month low of $182.59 and a 12-month high of $244.72. The business’s fifty day simple moving average is $236.26 and its 200 day simple moving average is $218.11.

Vanguard Industrials ETF Company Profile

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).