Cetera Advisor Networks LLC Takes $231,000 Position in iShares North American Tech ETF (IGM)

Cetera Advisor Networks LLC acquired a new stake in iShares North American Tech ETF (NYSEARCA:IGM) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,117 shares of the exchange traded fund’s stock, valued at approximately $231,000.

Other institutional investors have also made changes to their positions in the company. Hudson Valley Investment Advisors Inc. ADV bought a new position in shares of iShares North American Tech ETF during the 1st quarter worth $206,000. AE Wealth Management LLC grew its position in shares of iShares North American Tech ETF by 30.4% during the 4th quarter. AE Wealth Management LLC now owns 1,307 shares of the exchange traded fund’s stock worth $224,000 after buying an additional 305 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of iShares North American Tech ETF by 2.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 193,929 shares of the exchange traded fund’s stock worth $33,300,000 after buying an additional 5,163 shares in the last quarter. Scotia Capital Inc. grew its position in shares of iShares North American Tech ETF by 11.5% during the 4th quarter. Scotia Capital Inc. now owns 8,048 shares of the exchange traded fund’s stock worth $1,353,000 after buying an additional 829 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of iShares North American Tech ETF during the 4th quarter worth $1,203,000.

Shares of NYSEARCA IGM opened at $205.30 on Monday. iShares North American Tech ETF has a 1-year low of $159.30 and a 1-year high of $221.51.

A number of equities analysts have recently issued reports on IGM shares. Desjardins reissued a “neutral” rating and set a $37.00 price target on shares of iShares North American Tech ETF in a research report on Tuesday, February 12th. Scotiabank restated a “hold” rating and set a $39.00 price objective on shares of iShares North American Tech ETF in a research note on Thursday, April 25th.

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iShares North American Tech 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).

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Institutional Ownership by Quarter for iShares North American Tech ETF (NYSEARCA:IGM)

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