Simplicity Solutions LLC Has $2.42 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Simplicity Solutions LLC cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 41.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,004 shares of the exchange traded fund’s stock after selling 3,550 shares during the period. Simplicity Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $2,422,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Capital Advisors Group LLC. acquired a new stake in Vanguard Information Technology ETF in the second quarter worth $25,000. Tower Research Capital LLC TRC bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $30,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Information Technology ETF during the first quarter worth $34,000. Aspire Private Capital LLC bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $37,000. Finally, Horizons Wealth Management bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $37,000.

Vanguard Information Technology ETF Stock Down 1.8 %

Shares of VGT stock opened at $514.68 on Monday. The firm has a fifty day moving average of $518.17 and a 200-day moving average of $478.65. Vanguard Information Technology ETF has a 12-month low of $368.39 and a 12-month high of $536.63. The company has a market capitalization of $61.47 billion, a price-to-earnings ratio of 24.70 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).