Kestra Advisory Services LLC Sells 7,470 Shares of iShares Expanded Tech Sector ETF $IGM

Kestra Advisory Services LLC reduced its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 15.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,633 shares of the exchange traded fund’s stock after selling 7,470 shares during the quarter. Kestra Advisory Services LLC owned about 0.06% of iShares Expanded Tech Sector ETF worth $4,815,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the first quarter worth $274,000. Goldman Sachs Group Inc. lifted its holdings in iShares Expanded Tech Sector ETF by 6.1% during the 1st 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 in the last quarter. First Trust Advisors LP boosted its stake in iShares Expanded Tech Sector ETF by 13.1% in the 2nd 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 during the period. Marshall Wace LLP purchased a new position in iShares Expanded Tech Sector ETF during the 2nd quarter valued at about $3,083,000. Finally, Qube Research & Technologies Ltd increased its position in shares of iShares Expanded Tech Sector ETF by 3.7% during the second quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock valued at $367,000 after buying an additional 118 shares during the period.

iShares Expanded Tech Sector ETF Trading Down 0.5%

Shares of iShares Expanded Tech Sector ETF stock opened at $159.28 on Thursday. The company’s 50-day moving average price is $159.21 and its 200-day moving average price is $139.22. iShares Expanded Tech Sector ETF has a 12-month low of $112.14 and a 12-month high of $171.48. The company has a market cap of $10.42 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39.

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.