Raymond James Financial Services Advisors Inc. Sells 13,850 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Raymond James Financial Services Advisors Inc. lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 387,815 shares of the exchange traded fund’s stock after selling 13,850 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.31% of Vanguard Information Technology ETF worth $203,347,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Cooper Financial Group purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $234,000. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 153 shares during the last quarter. Ritholtz Wealth Management grew its stake in shares of Vanguard Information Technology ETF by 2.7% during the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock worth $828,000 after acquiring an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF by 23.7% during 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 in the last quarter. Finally, Altfest L J & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $243,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT traded down $11.21 during trading hours on Tuesday, hitting $494.73. 295,068 shares of the company were exchanged, compared to its average volume of 490,136. The company’s 50 day moving average price is $514.64 and its 200-day moving average price is $485.03. The stock has a market capitalization of $62.30 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 52-week low of $374.85 and a 52-week high of $536.63.

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).