Lido Advisors LLC Has $27.20 Million Stake in iShares Expanded Tech Sector ETF $IGM

Lido Advisors LLC lowered its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.5% during the first quarter, HoldingsChannel.com reports. The fund owned 229,472 shares of the exchange traded fund’s stock after selling 5,986 shares during the quarter. Lido Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $27,195,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the 1st quarter valued at about $274,000. Goldman Sachs Group Inc. grew its stake in iShares Expanded Tech Sector ETF by 6.1% during the first quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock worth $16,239,000 after purchasing an additional 10,218 shares during the period. First Trust Advisors LP increased its holdings in iShares Expanded Tech Sector ETF by 13.1% in the second quarter. First Trust Advisors LP now owns 58,839 shares of the exchange traded fund’s stock worth $6,610,000 after purchasing an additional 6,811 shares in the last quarter. Marshall Wace LLP bought a new stake in iShares Expanded Tech Sector ETF in the second quarter worth approximately $3,083,000. Finally, Qube Research & Technologies Ltd increased its holdings in iShares Expanded Tech Sector ETF by 3.7% in the second quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock worth $367,000 after purchasing an additional 118 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $156.65 on Thursday. The firm has a market cap of $10.25 billion, a PE ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 52-week low of $112.60 and a 52-week high of $171.48. The business’s 50 day moving average price is $159.38 and its two-hundred day moving average price is $140.10.

About iShares Expanded Tech Sector ETF

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.