iShares Expanded Tech Sector ETF $IGM Shares Sold by CX Institutional

CX Institutional trimmed its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 82.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,757 shares of the exchange traded fund’s stock after selling 8,203 shares during the period. CX Institutional’s holdings in iShares Expanded Tech Sector ETF were worth $287,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Tucker Asset Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth about $28,000. FAS Wealth Partners Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the 2nd quarter worth about $28,000. Atlantic Union Bankshares Corp raised its position in shares of iShares Expanded Tech Sector ETF by 153.2% during the 4th quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 144 shares during the last quarter. Western Wealth Management LLC purchased a new position in iShares Expanded Tech Sector ETF in the 1st quarter valued at about $33,000. Finally, Cary Street Partners Financial LLC purchased a new position in iShares Expanded Tech Sector ETF in the 4th quarter valued at about $37,000.

iShares Expanded Tech Sector ETF Trading Up 1.3%

IGM stock opened at $163.72 on Friday. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $171.48. The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. The business’s 50-day moving average is $158.93 and its 200 day moving average is $142.13.

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.