WESPAC Advisors LLC Sells 12,771 Shares of Vanguard Information Technology ETF $VGT

WESPAC Advisors LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 39.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 19,427 shares of the exchange traded fund’s stock after selling 12,771 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.2% of WESPAC Advisors LLC’s investment portfolio, making the stock its 16th largest holding. WESPAC Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,441,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VGT. Verdence Capital Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 39.7% in the third quarter. Verdence Capital Advisors LLC now owns 9,357 shares of the exchange traded fund’s stock worth $1,176,000 after buying an additional 2,659 shares in the last quarter. Aegis Wealth Management Inc. grew its holdings in Vanguard Information Technology ETF by 8.6% during the 3rd quarter. Aegis Wealth Management Inc. now owns 12,203 shares of the exchange traded fund’s stock valued at $1,534,000 after buying an additional 965 shares in the last quarter. Noesis Capital Mangement Corp grew its holdings in Vanguard Information Technology ETF by 20.0% during the 3rd quarter. Noesis Capital Mangement Corp now owns 14,096 shares of the exchange traded fund’s stock valued at $1,771,000 after buying an additional 2,354 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in Vanguard Information Technology ETF by 0.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 582,047 shares of the exchange traded fund’s stock valued at $73,146,000 after buying an additional 1,461 shares in the last quarter. Finally, Level Wealth Management LLC grew its holdings in Vanguard Information Technology ETF by 10.8% during the 3rd quarter. Level Wealth Management LLC now owns 13,916 shares of the exchange traded fund’s stock valued at $1,749,000 after buying an additional 1,362 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $120.97 on Tuesday. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $130.66. The stock’s 50 day simple moving average is $122.39 and its two-hundred day simple moving average is $108.64. The company has a market cap of $148.80 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

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.