Claro Advisors LLC Has $295,000 Stake in iShares Expanded Tech Sector ETF $IGM

Claro Advisors LLC lessened its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 20.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,627 shares of the exchange traded fund’s stock after selling 684 shares during the period. Claro Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $295,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IGM. Blair William & Co. IL raised its position in shares of iShares Expanded Tech Sector ETF by 117.7% in the second quarter. Blair William & Co. IL now owns 5,387 shares of the exchange traded fund’s stock valued at $605,000 after purchasing an additional 2,913 shares during the period. Harbour Investments Inc. boosted its holdings in shares of iShares Expanded Tech Sector ETF by 4.5% during the 2nd quarter. Harbour Investments Inc. now owns 5,245 shares of the exchange traded fund’s stock worth $589,000 after buying an additional 227 shares during the period. Ameritas Advisory Services LLC acquired a new position in iShares Expanded Tech Sector ETF in the 2nd quarter valued at about $119,000. Capital Advisors Ltd. LLC bought a new position in iShares Expanded Tech Sector ETF in the 2nd quarter valued at about $37,000. Finally, MA Private Wealth acquired a new stake in iShares Expanded Tech Sector ETF during the second quarter worth approximately $223,000.

iShares Expanded Tech Sector ETF Stock Down 1.6%

Shares of NYSEARCA:IGM opened at $129.42 on Friday. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81. The business has a 50 day moving average of $126.44 and a 200-day moving average of $114.28. The stock has a market cap of $9.71 billion, a PE ratio of 34.08 and a beta of 1.27.

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).