Houlihan Financial Resource Group Ltd. Sells 10,044 Shares of iShares Expanded Tech Sector ETF $IGM

Houlihan Financial Resource Group Ltd. lessened its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 56.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,723 shares of the exchange traded fund’s stock after selling 10,044 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in iShares Expanded Tech Sector ETF were worth $973,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in iShares Expanded Tech Sector ETF during the 1st quarter worth about $274,000. Goldman Sachs Group Inc. boosted its stake in shares of iShares Expanded Tech Sector ETF by 6.1% in 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 last quarter. Shira Ridge Wealth Management grew its position in shares of iShares Expanded Tech Sector ETF by 11.6% during the 2nd quarter. Shira Ridge Wealth Management now owns 96,767 shares of the exchange traded fund’s stock worth $10,871,000 after buying an additional 10,086 shares during the period. Wedmont Private Capital bought a new stake in shares of iShares Expanded Tech Sector ETF during the second quarter worth approximately $245,000. Finally, Legacy Financial Strategies LLC raised its stake in shares of iShares Expanded Tech Sector ETF by 5.4% during the second quarter. Legacy Financial Strategies LLC now owns 273,334 shares of the exchange traded fund’s stock worth $30,706,000 after buying an additional 14,018 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $130.46 on Friday. The firm’s 50 day moving average price is $129.69 and its two-hundred day moving average price is $124.14. iShares Expanded Tech Sector ETF has a 52-week low of $76.26 and a 52-week high of $135.81. The stock has a market cap of $8.94 billion, a PE ratio of 34.08 and a beta of 1.27.

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.