Vanguard Information Technology ETF $VGT Shares Sold by May Hill Capital LLC

May Hill Capital LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 51.7% during the third quarter, Holdings Channel reports. The institutional investor owned 720 shares of the exchange traded fund’s stock after selling 772 shares during the period. May Hill Capital LLC’s holdings in Vanguard Information Technology ETF were worth $537,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VGT. Brighton Jones LLC lifted its holdings in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Vanguard Information Technology ETF by 80.9% in the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $2,249,000 after acquiring an additional 1,854 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Vanguard Information Technology ETF by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after acquiring an additional 305 shares during the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $422,000. Finally, Stephens Inc. AR raised its position in Vanguard Information Technology ETF by 31.3% in the 2nd quarter. Stephens Inc. AR now owns 4,823 shares of the exchange traded fund’s stock valued at $3,199,000 after purchasing an additional 1,150 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $731.08 on Wednesday. The firm has a market cap of $109.40 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The firm’s fifty day moving average is $753.03 and its two-hundred day moving average is $742.87.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.