First Trust Advisors LP Has $5.19 Million Stock Holdings in iShares Expanded Tech Sector ETF $IGM

First Trust Advisors LP decreased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 16.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,813 shares of the exchange traded fund’s stock after selling 8,750 shares during the period. First Trust Advisors LP’s holdings in iShares Expanded Tech Sector ETF were worth $5,192,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the first quarter worth $49,000. Decker Wealth Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the first quarter valued at about $12,310,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of iShares Expanded Tech Sector ETF by 150.3% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 2,763 shares of the exchange traded fund’s stock valued at $327,000 after acquiring an additional 1,659 shares in the last quarter. Cornerstone Planning Group LLC increased its position in iShares Expanded Tech Sector ETF by 98.1% during the first quarter. Cornerstone Planning Group LLC now owns 418 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 207 shares during the period. Finally, Assetmark Inc. increased its position in iShares Expanded Tech Sector ETF by 16.9% during the first quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock worth $14,601,000 after acquiring an additional 17,786 shares during the period.

iShares Expanded Tech Sector ETF Stock Up 2.2%

NYSEARCA IGM opened at $156.88 on Tuesday. The firm has a 50-day moving average price of $158.91 and a two-hundred day moving average price of $141.30. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $171.48. The company has a market capitalization of $10.28 billion, a P/E ratio of 34.08 and a beta of 1.39.

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.