iShares Expanded Tech Sector ETF $IGM Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC cut its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 3.2% during the third quarter, HoldingsChannel reports. The firm owned 1,869,016 shares of the exchange traded fund’s stock after selling 60,912 shares during the quarter. iShares Expanded Tech Sector ETF accounts for 5.0% of Signature Estate & Investment Advisors LLC’s holdings, making the stock its 3rd biggest position. Signature Estate & Investment Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $235,402,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FAS Wealth Partners Inc. purchased a new position in iShares Expanded Tech Sector ETF in the second quarter valued at $28,000. Avion Wealth lifted its holdings in iShares Expanded Tech Sector ETF by 47.6% during the 3rd quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 100 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $39,000. Clarity Asset Management Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF in the 2nd quarter valued at about $39,000. Finally, CoreCap Advisors LLC increased its holdings in shares of iShares Expanded Tech Sector ETF by 445.7% in the 3rd quarter. CoreCap Advisors LLC now owns 382 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 312 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

Shares of NYSEARCA IGM opened at $125.75 on Friday. The stock’s 50-day simple moving average is $130.00 and its 200-day simple moving average is $125.96. The firm has a market capitalization of $8.66 billion, a PE ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a fifty-two week low of $76.26 and a fifty-two week high of $135.81.

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.