Harel Insurance Investments & Financial Services Ltd. Sells 31,690 Shares of Vanguard Information Technology ETF $VGT

Harel Insurance Investments & Financial Services Ltd. cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 305,172 shares of the exchange traded fund’s stock after selling 31,690 shares during the period. Vanguard Information Technology ETF makes up about 1.4% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 22nd biggest holding. Harel Insurance Investments & Financial Services Ltd. owned approximately 0.20% of Vanguard Information Technology ETF worth $212,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of VGT. JPMorgan Chase & Co. raised its stake in Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after purchasing an additional 252,341 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Information Technology ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock worth $1,621,574,000 after purchasing an additional 25,901 shares during the period. Wells Fargo & Company MN grew its stake in Vanguard Information Technology ETF by 1.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after buying an additional 18,634 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard Information Technology ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock worth $981,363,000 after buying an additional 39,217 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Vanguard Information Technology ETF by 78.8% in the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after buying an additional 571,488 shares during the period.

Vanguard Information Technology ETF Stock Up 1.3%

VGT stock opened at $117.11 on Wednesday. The company’s 50-day moving average price is $116.42 and its two-hundred day moving average price is $101.68. The firm has a market cap of $143.57 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.