Global Financial Private Client LLC Lowers Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Global Financial Private Client LLC reduced its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,491 shares of the exchange traded fund’s stock after selling 229 shares during the quarter. Global Financial Private Client LLC’s holdings in iShares Expanded Tech Sector ETF were worth $951,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IGM. Raymond James Financial Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $64,519,000. LPL Financial LLC lifted its holdings in iShares Expanded Tech Sector ETF by 29.6% during the 4th quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock worth $118,549,000 after buying an additional 265,134 shares in the last quarter. Allworth Financial LP grew its stake in shares of iShares Expanded Tech Sector ETF by 81,664.1% in the fourth quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after acquiring an additional 252,342 shares in the last quarter. RFG Bristol Wealth Advisors LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth $15,429,000. Finally, Independent Advisor Alliance increased its position in shares of iShares Expanded Tech Sector ETF by 3,103.9% during the fourth quarter. Independent Advisor Alliance now owns 105,954 shares of the exchange traded fund’s stock worth $10,817,000 after acquiring an additional 102,647 shares during the period.

iShares Expanded Tech Sector ETF Trading Down 0.0%

Shares of NYSEARCA IGM opened at $102.76 on Friday. The stock has a market cap of $6.11 billion, a P/E ratio of 31.64 and a beta of 1.26. The business’s fifty day simple moving average is $93.23 and its 200-day simple moving average is $99.16. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $108.73.

iShares Expanded Tech Sector ETF Profile

iShares North American Tech ETF, formerly iShares S&P North American Technology Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, of the United States-traded technology companies, as represented by the S&P North American Technology Sector Index (the Index).