OVERSEA CHINESE BANKING Corp Ltd Sells 23,336 Shares of iShares Expanded Tech Sector ETF $IGM

OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 24.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,349 shares of the exchange traded fund’s stock after selling 23,336 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd owned approximately 0.11% of iShares Expanded Tech Sector ETF worth $9,345,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IGM. Envestnet Asset Management Inc. raised its position in iShares Expanded Tech Sector ETF by 843.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock valued at $423,661,000 after acquiring an additional 3,007,140 shares in the last quarter. Bank of America Corp DE raised its position in iShares Expanded Tech Sector ETF by 101.6% during the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after acquiring an additional 2,660,957 shares in the last quarter. Raymond James Financial Inc. raised its position in iShares Expanded Tech Sector ETF by 393.9% during the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after acquiring an additional 2,296,259 shares in the last quarter. Truist Financial Corp raised its position in iShares Expanded Tech Sector ETF by 1,165.7% during the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock valued at $253,920,000 after acquiring an additional 1,856,762 shares in the last quarter. Finally, WestEnd Advisors LLC bought a new position in iShares Expanded Tech Sector ETF during the third quarter valued at approximately $224,760,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $138.26 on Wednesday. The firm has a market cap of $9.18 billion, a PE ratio of 34.08 and a beta of 1.31. The firm’s 50 day moving average price is $124.92 and its 200 day moving average price is $127.93. iShares Expanded Tech Sector ETF has a twelve month low of $83.65 and a twelve month high of $139.75.

iShares Expanded Tech Sector ETF Company 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.