Archer Investment Corp Has $373,000 Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Archer Investment Corp cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 637 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Information Technology ETF were worth $373,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Stonebridge Capital Advisors LLC acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at $212,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at $1,238,000. Koshinski Asset Management Inc. acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at $371,000. Blair William & Co. IL grew its holdings in Vanguard Information Technology ETF by 1.4% in the 1st quarter. Blair William & Co. IL now owns 32,312 shares of the exchange traded fund’s stock valued at $16,942,000 after buying an additional 442 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its holdings in Vanguard Information Technology ETF by 21.2% in the 1st quarter. Orion Portfolio Solutions LLC now owns 4,356 shares of the exchange traded fund’s stock valued at $2,284,000 after buying an additional 761 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA VGT traded down $8.49 on Friday, reaching $609.49. The stock had a trading volume of 80,831 shares, compared to its average volume of 459,877. The firm has a fifty day moving average of $589.67 and a two-hundred day moving average of $568.48. The company has a market cap of $76.75 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $452.47 and a 1-year high of $626.45.

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).