Janney Montgomery Scott LLC decreased its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 45.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,035,830 shares of the exchange traded fund’s stock after selling 878,482 shares during the period. Janney Montgomery Scott LLC owned approximately 1.50% of iShares Expanded Tech Sector ETF worth $133,788,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of IGM. AQR Capital Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF during the first quarter worth about $274,000. Goldman Sachs Group Inc. boosted its position in iShares Expanded Tech Sector ETF by 6.1% in the first quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock valued at $16,239,000 after buying an additional 10,218 shares during the last quarter. First Trust Advisors LP boosted its position in iShares Expanded Tech Sector ETF by 13.1% in the second quarter. First Trust Advisors LP now owns 58,839 shares of the exchange traded fund’s stock valued at $6,610,000 after buying an additional 6,811 shares during the last quarter. Marshall Wace LLP purchased a new stake in iShares Expanded Tech Sector ETF in the second quarter valued at approximately $3,083,000. Finally, Qube Research & Technologies Ltd boosted its position in iShares Expanded Tech Sector ETF by 3.7% in 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 last quarter.
iShares Expanded Tech Sector ETF Stock Down 2.5%
Shares of NYSEARCA IGM opened at $153.02 on Thursday. The business’s 50 day moving average price is $146.16 and its 200 day moving average price is $133.93. The firm has a market cap of $10.21 billion, a P/E ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 52 week low of $105.36 and a 52 week high of $171.48.
About iShares Expanded Tech Sector ETF
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.
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