iShares Expanded Tech Sector ETF $IGM Shares Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC decreased its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 26.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,940 shares of the exchange traded fund’s stock after selling 3,200 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,511,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Seven Bridges Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the third quarter valued at about $25,928,000. White Lighthouse Investment Management Inc. grew its holdings in iShares Expanded Tech Sector ETF by 2.9% in the 3rd quarter. White Lighthouse Investment Management Inc. now owns 132,563 shares of the exchange traded fund’s stock worth $22,408,000 after acquiring an additional 3,739 shares during the last quarter. Assetmark Inc. increased its position in shares of iShares Expanded Tech Sector ETF by 16.9% in the first quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock valued at $14,601,000 after acquiring an additional 17,786 shares during the period. Sanctuary Advisors LLC grew its stake in shares of iShares Expanded Tech Sector ETF by 9.6% in the first quarter. Sanctuary Advisors LLC now owns 105,011 shares of the exchange traded fund’s stock worth $12,445,000 after purchasing an additional 9,169 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 valued at approximately $12,310,000.

iShares Expanded Tech Sector ETF Trading Up 1.2%

NYSEARCA:IGM opened at $162.67 on Thursday. iShares Expanded Tech Sector ETF has a 12 month low of $112.60 and a 12 month high of $175.16. The company has a 50-day moving average price of $164.35 and a 200-day moving average price of $157.03. The stock has a market cap of $11.05 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39.

iShares Expanded Tech Sector ETF 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.