HB Wealth Management LLC Trims Position in iShares Expanded Tech Sector ETF $IGM

HB Wealth Management LLC decreased its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGMFree Report) by 20.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 115,929 shares of the exchange traded fund’s stock after selling 29,683 shares during the period. HB Wealth Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $13,739,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. United Community Bank grew its holdings in shares of iShares Expanded Tech Sector ETF by 10.7% during the fourth quarter. United Community Bank now owns 797 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 77 shares during the last quarter. Y.D. More Investments Ltd raised its stake in iShares Expanded Tech Sector ETF by 17.6% during the 4th quarter. Y.D. More Investments Ltd now owns 529 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 79 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in iShares Expanded Tech Sector ETF by 8.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,157 shares of the exchange traded fund’s stock valued at $146,000 after acquiring an additional 89 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in iShares Expanded Tech Sector ETF by 1.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,624 shares of the exchange traded fund’s stock valued at $1,114,000 after acquiring an additional 105 shares during the last quarter. Finally, World Investment Advisors lifted its position in iShares Expanded Tech Sector ETF by 2.3% during the 1st quarter. World Investment Advisors now owns 4,684 shares of the exchange traded fund’s stock worth $555,000 after acquiring an additional 106 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $156.84 on Friday. The business’s 50 day moving average is $156.68 and its two-hundred day moving average is $137.45. iShares Expanded Tech Sector ETF has a twelve month low of $111.77 and a twelve month high of $171.48. The company has a market capitalization of $10.27 billion, a P/E ratio of 34.08 and a beta of 1.39.

iShares Expanded Tech Sector ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

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