JPMorgan Chase & Co. Lowers Stake in Vanguard Communication Services ETF (NYSEARCA:VOX)

JPMorgan Chase & Co. lessened its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 2.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,295,306 shares of the company’s stock after selling 68,648 shares during the period. JPMorgan Chase & Co. owned about 7.53% of Vanguard Communication Services ETF worth $333,715,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of Vanguard Communication Services ETF by 46,542.4% in the third quarter. International Assets Investment Management LLC now owns 451,498 shares of the company’s stock valued at $65,643,000 after purchasing an additional 450,530 shares during the period. Envestnet Asset Management Inc. boosted its position in Vanguard Communication Services ETF by 21.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 977,538 shares of the company’s stock valued at $135,096,000 after buying an additional 173,884 shares during the period. Truist Financial Corp boosted its position in Vanguard Communication Services ETF by 154.3% in the 2nd quarter. Truist Financial Corp now owns 206,443 shares of the company’s stock valued at $28,530,000 after buying an additional 125,273 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Vanguard Communication Services ETF by 3,297.1% in the second quarter. The Manufacturers Life Insurance Company now owns 122,329 shares of the company’s stock worth $16,906,000 after acquiring an additional 118,728 shares in the last quarter. Finally, Retireful LLC purchased a new stake in shares of Vanguard Communication Services ETF during the second quarter worth $3,952,000.

Vanguard Communication Services ETF Trading Down 1.1 %

Shares of NYSEARCA VOX opened at $157.29 on Monday. Vanguard Communication Services ETF has a 12-month low of $115.74 and a 12-month high of $163.98. The stock has a market cap of $4.80 billion, a P/E ratio of 21.15 and a beta of 1.20. The business’s fifty day simple moving average is $154.59 and its 200-day simple moving average is $144.56.

About Vanguard Communication Services ETF

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector.