Noesis Capital Mangement Corp Decreases Stock Position in Vanguard Information Technology ETF $VGT

Noesis Capital Mangement Corp cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,232 shares of the exchange traded fund’s stock after selling 75 shares during the period. Noesis Capital Mangement Corp’s holdings in Vanguard Information Technology ETF were worth $817,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in Vanguard Information Technology ETF by 6.2% in the first quarter. JPMorgan Chase & Co. now owns 6,125,779 shares of the exchange traded fund’s stock valued at $3,322,550,000 after purchasing an additional 359,822 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Information Technology ETF in the second quarter valued at $773,405,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Vanguard Information Technology ETF by 7.7% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 726,684 shares of the exchange traded fund’s stock valued at $394,139,000 after purchasing an additional 51,893 shares during the period. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Information Technology ETF in the second quarter valued at $454,530,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Information Technology ETF by 8.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 623,405 shares of the exchange traded fund’s stock valued at $338,123,000 after purchasing an additional 50,870 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $801.52 on Thursday. The company has a market capitalization of $118.58 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The business has a 50-day moving average of $735.43 and a two-hundred day moving average of $666.49. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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).