Hillcrest Wealth Advisors NY LLC Has $813,000 Position in Vanguard Information Technology ETF $VGT

Hillcrest Wealth Advisors NY LLC reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,225 shares of the exchange traded fund’s stock after selling 350 shares during the quarter. Vanguard Information Technology ETF comprises 0.4% of Hillcrest Wealth Advisors NY LLC’s portfolio, making the stock its 28th biggest holding. Hillcrest Wealth Advisors NY LLC’s holdings in Vanguard Information Technology ETF were worth $813,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Cordant Inc. acquired a new stake in Vanguard Information Technology ETF during the first quarter worth about $28,000. Smallwood Wealth Investment Management LLC acquired a new stake in Vanguard Information Technology ETF during the first quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in Vanguard Information Technology ETF during the first quarter worth about $32,000. MorganRosel Wealth Management LLC acquired a new stake in Vanguard Information Technology ETF during the first quarter worth about $33,000. Finally, BankPlus Trust Department grew its position in Vanguard Information Technology ETF by 169.2% during the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 44 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.3%

VGT stock opened at $755.67 on Monday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $762.83. The company has a market cap of $109.02 billion, a PE ratio of 34.55 and a beta of 1.16. The business’s 50-day simple moving average is $710.39 and its 200 day simple moving average is $637.02.

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).