Fischer Financial Services Inc. Lowers Stake in Vanguard Information Technology ETF $VGT

Fischer Financial Services Inc. cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,458 shares of the exchange traded fund’s stock after selling 1,224 shares during the quarter. Vanguard Information Technology ETF comprises 1.7% of Fischer Financial Services Inc.’s portfolio, making the stock its 20th biggest position. Fischer Financial Services Inc.’s holdings in Vanguard Information Technology ETF were worth $6,315,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. increased its position in Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares in the last quarter. Semmax Financial Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the second quarter valued at approximately $31,000. Kilter Group LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $37,000. Sawyer & Company Inc purchased a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $38,000. Finally, Rice Partnership LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $40,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $753.78 on Friday. The business’s 50-day moving average is $761.29 and its two-hundred day moving average is $722.83. The firm has a market capitalization of $111.52 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $806.99.

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.