Bryn Mawr Capital Management LLC Trims Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bryn Mawr Capital Management LLC decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 15,156 shares of the exchange traded fund’s stock after selling 2,048 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Vanguard Information Technology ETF were worth $9,424,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Peterson Financial Group Inc. bought a new stake in Vanguard Information Technology ETF during the third quarter valued at $30,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. Coastline Trust Co bought a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $605.95 on Wednesday. The company has a fifty day moving average of $627.67 and a 200-day moving average of $606.16. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The company has a market capitalization of $76.30 billion, a P/E ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

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).