iShares Expanded Tech Sector ETF $IGM Stock Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC lessened its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 42.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,010 shares of the exchange traded fund’s stock after selling 19,630 shares during the quarter. iShares Expanded Tech Sector ETF makes up 1.0% of Cadent Capital Advisors LLC’s portfolio, making the stock its 25th largest holding. Cadent Capital Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $4,566,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IGM. Farther Finance Advisors LLC increased its holdings in iShares Expanded Tech Sector ETF by 2.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 16,772 shares of the exchange traded fund’s stock worth $2,835,000 after acquiring an additional 330 shares in the last quarter. Ayalon Insurance Comp Ltd. purchased a new position in iShares Expanded Tech Sector ETF during the third quarter valued at approximately $1,999,000. Seven Bridges Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth approximately $25,928,000. Eastern Bank purchased a new stake in iShares Expanded Tech Sector ETF in the 3rd quarter worth $984,000. Finally, CX Institutional lifted its position in shares of iShares Expanded Tech Sector ETF by 6.2% in the third quarter. CX Institutional now owns 1,866 shares of the exchange traded fund’s stock valued at $315,000 after acquiring an additional 109 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 0.5%

IGM stock traded up $0.93 during midday trading on Friday, hitting $171.79. The company’s stock had a trading volume of 58,747 shares, compared to its average volume of 576,805. The firm has a market capitalization of $11.63 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 12 month low of $112.60 and a 12 month high of $175.16. The company has a 50 day moving average of $163.63 and a two-hundred day moving average of $154.11.

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.