Horan Capital Advisors LLC. Reduces Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Horan Capital Advisors LLC. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 342 shares of the exchange traded fund’s stock after selling 29 shares during the quarter. Horan Capital Advisors LLC.’s holdings in Vanguard Information Technology ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of VGT. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Brooklyn Investment Group bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Kentucky Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at $31,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Vanguard Information Technology ETF by 107.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 30 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $578.36 on Tuesday. The company has a market capitalization of $80.29 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company’s fifty day moving average price is $624.95 and its 200-day moving average price is $607.26.

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).