Northstar Advisory Group LLC Has $1.62 Million Position in iShares Expanded Tech Sector ETF $IGM

Northstar Advisory Group LLC cut its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 74.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,823 shares of the exchange traded fund’s stock after selling 38,095 shares during the quarter. Northstar Advisory Group LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,615,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WestEnd Advisors LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the third quarter worth $224,760,000. Janney Montgomery Scott LLC raised its stake in iShares Expanded Tech Sector ETF by 915.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock worth $241,108,000 after purchasing an additional 1,725,741 shares in the last quarter. Bank of Montreal Can raised its stake in iShares Expanded Tech Sector ETF by 32.4% in the 2nd quarter. Bank of Montreal Can now owns 1,529,365 shares of the exchange traded fund’s stock worth $171,809,000 after purchasing an additional 374,304 shares in the last quarter. PGIM Custom Harvest LLC boosted its holdings in iShares Expanded Tech Sector ETF by 570.1% in the 2nd quarter. PGIM Custom Harvest LLC now owns 378,734 shares of the exchange traded fund’s stock valued at $42,547,000 after purchasing an additional 322,218 shares during the period. Finally, SteelPeak Wealth LLC grew its position in shares of iShares Expanded Tech Sector ETF by 7,006.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 204,668 shares of the exchange traded fund’s stock worth $25,778,000 after purchasing an additional 201,788 shares in the last quarter.

iShares Expanded Tech Sector ETF Trading Up 0.8%

Shares of IGM opened at $130.73 on Tuesday. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $135.81. The firm’s 50 day moving average is $129.73 and its 200-day moving average is $125.14. The stock has a market capitalization of $8.97 billion, a PE ratio of 34.08 and a beta of 1.27.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.