Fairview Capital Investment Management LLC Lowers Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Fairview Capital Investment Management LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% during the 4th quarter, HoldingsChannel reports. The firm owned 1,463 shares of the exchange traded fund’s stock after selling 40 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $910,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VGT. Zions Bancorporation N.A. increased its position in shares of Vanguard Information Technology ETF by 150.0% during the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $27,000. Brooklyn Investment Group purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $31,000. Finally, Briaud Financial Planning Inc purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Trading Up 1.2 %

VGT opened at $571.18 on Friday. The firm’s 50-day moving average price is $541.06 and its 200 day moving average price is $594.29. The firm has a market capitalization of $80.12 billion, a PE ratio of 30.08 and a beta of 1.23. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76.

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).