Theory Financial LLC Has $6.47 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Theory Financial LLC reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,405 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. Vanguard Information Technology ETF comprises 2.7% of Theory Financial LLC’s portfolio, making the stock its 9th largest holding. Theory Financial LLC’s holdings in Vanguard Information Technology ETF were worth $6,470,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at $30,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $31,000. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at $32,000.

Vanguard Information Technology ETF Stock Down 2.7 %

VGT opened at $624.14 on Friday. The stock has a fifty day moving average of $629.09 and a 200-day moving average of $604.45. The firm has a market capitalization of $78.59 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month 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).