NewEdge Advisors LLC Decreases Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

NewEdge Advisors LLC trimmed its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 77,016 shares of the exchange traded fund’s stock after selling 330 shares during the quarter. NewEdge Advisors LLC owned 0.15% of iShares Expanded Tech Sector ETF worth $7,862,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IGM. Kane Investment Management Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth approximately $776,000. Mariner LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 7.9% during the fourth quarter. Mariner LLC now owns 146,458 shares of the exchange traded fund’s stock worth $14,952,000 after purchasing an additional 10,772 shares during the last quarter. Barclays PLC acquired a new position in iShares Expanded Tech Sector ETF in the fourth quarter worth about $123,000. Dynamic Wealth Strategies LLC increased its holdings in iShares Expanded Tech Sector ETF by 0.6% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 65,812 shares of the exchange traded fund’s stock valued at $6,719,000 after buying an additional 416 shares during the last quarter. Finally, SageView Advisory Group LLC increased its holdings in iShares Expanded Tech Sector ETF by 5.5% in the fourth quarter. SageView Advisory Group LLC now owns 2,992 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 156 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Down 0.5 %

NYSEARCA:IGM opened at $85.03 on Friday. The company has a market cap of $4.90 billion, a PE ratio of 26.51 and a beta of 1.26. The business’s 50 day moving average is $94.49 and its two-hundred day moving average is $99.30. iShares Expanded Tech Sector ETF has a 52 week low of $76.26 and a 52 week high of $108.73.

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).