Will Vanguard step on the SPDR? This technology ETF just dethroned the industry leader

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“In mid-May, assets in the Vanguard Information Technology ETF VGT, -0.19% overtook those in a competing fund from the company that’s long dominated exchange-traded fund sector investing, the SPDR suite from State Street Global Advisors.”
“It was a small industry shift that perhaps only an ETF enthusiast would have noticed, yet it may speak volumes about how the investment-management world is evolving.”

“The Sector SPDRs were the first ETF products to track the S&P 500’s sectors — groupings of companies according to their business activities — and remain the industry giants, in large part because their scale enables institutional investors to use them to make big trades, said Todd Rosenbluth, head of ETF and mutual fund research for CFRA.” –MarketWatch.com
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