McClarren Financial Advisors Inc. Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

McClarren Financial Advisors Inc. decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 47.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,475 shares of the exchange traded fund’s stock after selling 1,321 shares during the quarter. Vanguard Information Technology ETF comprises approximately 2.5% of McClarren Financial Advisors Inc.’s holdings, making the stock its 5th largest position. McClarren Financial Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $917,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in shares of Vanguard Information Technology ETF during the third quarter valued at about $110,000. Procyon Advisors LLC increased its stake in Vanguard Information Technology ETF by 14.6% during the third quarter. Procyon Advisors LLC now owns 729 shares of the exchange traded fund’s stock valued at $428,000 after acquiring an additional 93 shares during the period. Keystone Wealth Services LLC raised its holdings in Vanguard Information Technology ETF by 40.3% in the 3rd quarter. Keystone Wealth Services LLC now owns 526 shares of the exchange traded fund’s stock valued at $309,000 after acquiring an additional 151 shares in the last quarter. IFS Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 1.6% in the 3rd quarter. IFS Advisors LLC now owns 21,406 shares of the exchange traded fund’s stock worth $12,556,000 after acquiring an additional 337 shares during the period. Finally, Safeguard Financial LLC grew its holdings in shares of Vanguard Information Technology ETF by 15.4% during the 3rd quarter. Safeguard Financial LLC now owns 2,191 shares of the exchange traded fund’s stock worth $1,285,000 after purchasing an additional 292 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.1 %

VGT opened at $627.22 on Thursday. The stock’s 50 day simple moving average is $629.51 and its 200-day simple moving average is $599.53. The stock has a market cap of $78.98 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76.

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).