Spire Wealth Management Sells 2,341 Shares of Vanguard Information Technology ETF $VGT

Spire Wealth Management trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,787 shares of the exchange traded fund’s stock after selling 2,341 shares during the quarter. Vanguard Information Technology ETF accounts for 2.1% of Spire Wealth Management’s portfolio, making the stock its 6th largest position. Spire Wealth Management’s holdings in Vanguard Information Technology ETF were worth $63,157,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Vanguard Information Technology ETF by 34.9% during the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 598 shares during the period. AQR Capital Management LLC grew its stake in 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 stake in Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after acquiring an additional 305 shares during the period. Schnieders Capital Management LLC. increased its holdings in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock worth $4,453,000 after acquiring an additional 5,309 shares in the last quarter. Finally, Scotia Capital Inc. increased its holdings in shares of Vanguard Information Technology ETF by 10.6% in the second quarter. Scotia Capital Inc. now owns 24,409 shares of the exchange traded fund’s stock worth $16,190,000 after acquiring an additional 2,343 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT opened at $681.00 on Friday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The firm has a market cap of $101.90 billion, a P/E ratio of 34.55 and a beta of 1.25. The stock’s 50-day moving average is $733.80 and its 200-day moving average is $748.08.

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.