OVERSEA CHINESE BANKING Corp Ltd Sells 23,336 Shares of iShares Expanded Tech Sector ETF $IGM

OVERSEA CHINESE BANKING Corp Ltd decreased its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 24.4% during the fourth quarter, HoldingsChannel reports. The firm owned 72,349 shares of the exchange traded fund’s stock after selling 23,336 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Expanded Tech Sector ETF were worth $9,345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of iShares Expanded Tech Sector ETF by 101.6% in the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after purchasing an additional 2,660,957 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares Expanded Tech Sector ETF by 843.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock valued at $423,661,000 after purchasing an additional 3,007,140 shares during the period. Raymond James Financial Inc. raised its position in shares of iShares Expanded Tech Sector ETF by 393.9% in the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after purchasing an additional 2,296,259 shares during the period. Bank of Montreal Can raised its position in shares of iShares Expanded Tech Sector ETF by 35.6% in the third quarter. Bank of Montreal Can now owns 2,073,372 shares of the exchange traded fund’s stock valued at $261,141,000 after purchasing an additional 544,007 shares during the period. Finally, Truist Financial Corp raised its position in shares of iShares Expanded Tech Sector ETF by 1,165.7% in the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock valued at $253,920,000 after purchasing an additional 1,856,762 shares during the period.

iShares Expanded Tech Sector ETF Stock Down 0.1%

NYSEARCA:IGM opened at $138.26 on Wednesday. iShares Expanded Tech Sector ETF has a 12 month low of $83.65 and a 12 month high of $139.75. The firm has a market cap of $9.18 billion, a price-to-earnings ratio of 34.08 and a beta of 1.31. The company’s 50 day moving average is $124.92 and its 200-day moving average is $127.93.

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.