Meridian Investment Counsel Inc. held its stake in iShares S&P NA Tech. Sec. Idx. Fd. (NYSEARCA:IGM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,600 shares of the exchange traded fund’s stock at the end of the second quarter. Meridian Investment Counsel Inc.’s holdings in iShares S&P NA Tech. Sec. Idx. Fd. were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. BB&T Securities LLC raised its stake in iShares S&P NA Tech. Sec. Idx. Fd. by 10.4% in the second quarter. BB&T Securities LLC now owns 7,882 shares of the exchange traded fund’s stock worth $1,140,000 after buying an additional 740 shares in the last quarter. Lucas Capital Management raised its stake in iShares S&P NA Tech. Sec. Idx. Fd. by 0.7% in the second quarter. Lucas Capital Management now owns 7,565 shares of the exchange traded fund’s stock worth $1,094,000 after buying an additional 56 shares in the last quarter. Investment Centers of America Inc. raised its stake in iShares S&P NA Tech. Sec. Idx. Fd. by 47.5% in the second quarter. Investment Centers of America Inc. now owns 2,663 shares of the exchange traded fund’s stock worth $388,000 after buying an additional 857 shares in the last quarter. CIBC World Markets Inc. raised its stake in iShares S&P NA Tech. Sec. Idx. Fd. by 122.2% in the second quarter. CIBC World Markets Inc. now owns 32,345 shares of the exchange traded fund’s stock worth $4,678,000 after buying an additional 17,786 shares in the last quarter. Finally, WealthTrust Axiom LLC bought a new position in iShares S&P NA Tech. Sec. Idx. Fd. in the second quarter worth approximately $206,000.

Shares of iShares S&P NA Tech. Sec. Idx. Fd. (IGM) traded up 0.71% during trading on Friday, reaching $155.28. 17,020 shares of the company were exchanged. iShares S&P NA Tech. Sec. Idx. Fd. has a 1-year low of $119.00 and a 1-year high of $155.65. The firm has a 50-day moving average price of $152.04 and a 200-day moving average price of $145.98.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 27th were issued a $0.2457 dividend. The ex-dividend date was Tuesday, September 26th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.63%.

Separately, BMO Capital Markets reissued a “buy” rating and issued a $47.00 price objective on shares of iShares S&P NA Tech. Sec. Idx. Fd. in a research note on Sunday, September 17th.

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About iShares S&P NA Tech. Sec. Idx. Fd.

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).

Institutional Ownership by Quarter for iShares S&P NA Tech. Sec. Idx. Fd. (NYSEARCA:IGM)

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