QRG Capital Management Inc. Has $613,000 Position in Vanguard Information Technology ETF $VGT

QRG Capital Management Inc. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 54.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 821 shares of the exchange traded fund’s stock after selling 982 shares during the period. QRG Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $613,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wheelhouse Advisory Group LLC raised its stake in shares of Vanguard Information Technology ETF by 6.1% during the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after buying an additional 1,317 shares during the last quarter. Endowment Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth $289,000. AMI Investment Management Inc. raised its position in shares of Vanguard Information Technology ETF by 4.2% during the 3rd quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock valued at $50,173,000 after acquiring an additional 2,726 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Vanguard Information Technology ETF by 98.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock valued at $4,723,000 after acquiring an additional 3,138 shares during the last quarter. Finally, Asset Planning Services Inc. LA ADV acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $615,000.

Vanguard Information Technology ETF Stock Up 0.8%

Shares of Vanguard Information Technology ETF stock opened at $754.25 on Friday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99. The business has a fifty day simple moving average of $754.71 and a 200 day simple moving average of $734.17. The stock has a market cap of $112.87 billion, a PE ratio of 34.55 and a beta of 1.25.

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). 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.