Wealth Enhancement Advisory Services LLC Reduces Stock Position in iShares Expanded Tech Sector ETF $IGM

Wealth Enhancement Advisory Services LLC lessened its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 16.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,676 shares of the exchange traded fund’s stock after selling 5,999 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Expanded Tech Sector ETF were worth $4,028,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the first quarter valued at about $274,000. Goldman Sachs Group Inc. increased its holdings in iShares Expanded Tech Sector ETF by 6.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock valued at $16,239,000 after purchasing an additional 10,218 shares during the period. CreativeOne Wealth LLC bought a new position in iShares Expanded Tech Sector ETF during the 2nd quarter valued at approximately $245,000. J.W. Cole Advisors Inc. bought a new position in iShares Expanded Tech Sector ETF during the 2nd quarter valued at approximately $801,000. Finally, Choreo LLC lifted its holdings in iShares Expanded Tech Sector ETF by 6.8% in the 2nd quarter. Choreo LLC now owns 3,160 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 200 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA IGM opened at $113.31 on Tuesday. The stock has a market cap of $7.81 billion, a P/E 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. The stock has a 50 day simple moving average of $124.85 and a two-hundred day simple moving average of $127.59.

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.