TFC Financial Management Inc. cut its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 6.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,000 shares of the exchange traded fund’s stock after selling 210 shares during the period. TFC Financial Management Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $306,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in the stock. Bank of Montreal Can boosted its position in iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after purchasing an additional 471,204 shares during the period. Wellington Management Group LLP acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $40,436,000. SteelPeak Wealth LLC raised its stake in shares of iShares Expanded Tech Sector ETF by 3,895.6% in the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock valued at $38,710,000 after purchasing an additional 369,690 shares in the last quarter. Apollon Wealth Management LLC raised its stake in iShares Expanded Tech Sector ETF by 4,166.1% during the fourth quarter. Apollon Wealth Management LLC now owns 103,367 shares of the exchange traded fund’s stock worth $10,553,000 after acquiring an additional 100,944 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in iShares Expanded Tech Sector ETF by 13.6% during the third quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after acquiring an additional 88,089 shares during the period.
iShares Expanded Tech Sector ETF Stock Down 0.2 %
IGM opened at $106.34 on Thursday. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.47 and a fifty-two week high of $107.87. The company’s 50-day moving average price is $104.41 and its 200 day moving average price is $98.38.
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).
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