Lido Advisors LLC Sells 5,986 Shares of iShares Expanded Tech Sector ETF $IGM

Lido Advisors LLC trimmed its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 229,472 shares of the exchange traded fund’s stock after selling 5,986 shares during the period. Lido Advisors LLC owned about 0.34% of iShares Expanded Tech Sector ETF worth $27,195,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IGM. Bank of America Corp DE lifted its holdings in iShares Expanded Tech Sector ETF by 101.6% during the 3rd quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock worth $665,119,000 after buying an additional 2,660,957 shares during the period. Raymond James Financial Inc. increased its stake 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 buying an additional 2,296,259 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Expanded Tech Sector ETF by 173.9% during the fourth quarter. JPMorgan Chase & Co. now owns 2,548,418 shares of the exchange traded fund’s stock worth $329,154,000 after acquiring an additional 1,617,877 shares during the last quarter. Wellington Management Group LLP raised its position in shares of iShares Expanded Tech Sector ETF by 66.4% during the fourth quarter. Wellington Management Group LLP now owns 353,541 shares of the exchange traded fund’s stock worth $45,663,000 after acquiring an additional 141,024 shares during the last quarter. Finally, Decker Wealth Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the first quarter worth about $12,310,000.

iShares Expanded Tech Sector ETF Price Performance

iShares Expanded Tech Sector ETF stock opened at $156.65 on Thursday. The stock’s 50 day moving average is $159.38 and its 200 day moving average is $140.10. iShares Expanded Tech Sector ETF has a one year low of $112.60 and a one year high of $171.48. The firm has a market cap of $10.25 billion, a P/E ratio of 34.08 and a beta of 1.39.

About iShares Expanded Tech Sector ETF

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.