Apollon Financial LLC Sells 10,703 Shares of Vanguard Information Technology ETF $VGT

Apollon Financial LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 67.8% in the first quarter, HoldingsChannel reports. The firm owned 5,092 shares of the exchange traded fund’s stock after selling 10,703 shares during the period. Apollon Financial LLC’s holdings in Vanguard Information Technology ETF were worth $3,553,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $27,000. Wells Financial Advisors INC acquired a new position in Vanguard Information Technology ETF during the 4th quarter worth about $29,000. Strategic Advocates LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. Finally, RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $113.86 on Monday. Vanguard Information Technology ETF has a 1 year low of $81.47 and a 1 year high of $126.00. The firm’s 50 day moving average is $113.10 and its 200-day moving average is $99.85. The firm has a market capitalization of $17.13 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34.

Vanguard Information Technology ETF Company 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). 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.