Flputnam Investment Management Co. Sells 814 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Flputnam Investment Management Co. reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,696 shares of the exchange traded fund’s stock after selling 814 shares during the quarter. Flputnam Investment Management Co.’s holdings in Vanguard Information Technology ETF were worth $5,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of VGT. JPMorgan Chase & Co. boosted its position in shares of Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after acquiring an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after acquiring an additional 1,229,688 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after acquiring an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after acquiring an additional 510,798 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in shares of Vanguard Information Technology ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after acquiring an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $598.48 on Friday. The firm has a fifty day moving average price of $626.13 and a 200 day moving average price of $606.86. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm has a market cap of $83.08 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

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).