Paragon Advisors LLC reduced its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 23.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,532 shares of the exchange traded fund’s stock after selling 8,834 shares during the quarter. iShares Expanded Tech Sector ETF makes up 0.9% of Paragon Advisors LLC’s portfolio, making the stock its 25th biggest holding. Paragon Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $4,992,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in IGM. Avantax Planning Partners Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $599,000. Brighton Jones LLC acquired a new position in iShares Expanded Tech Sector ETF during the third quarter worth approximately $313,000. Prudent Man Investment Management Inc. acquired a new position in iShares Expanded Tech Sector ETF during the third quarter worth approximately $45,000. Ashton Thomas Private Wealth LLC increased its position in iShares Expanded Tech Sector ETF by 8.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 13,587 shares of the exchange traded fund’s stock worth $2,297,000 after purchasing an additional 1,074 shares during the last quarter. Finally, Calamos Wealth Management LLC purchased a new position in iShares Expanded Tech Sector ETF during the third quarter worth approximately $355,000.
iShares Expanded Tech Sector ETF Price Performance
NYSEARCA:IGM opened at $141.90 on Monday. The company has a market cap of $9.75 billion, a P/E ratio of 34.08 and a beta of 1.42. The firm’s 50 day moving average is $162.62 and its two-hundred day moving average is $148.65. iShares Expanded Tech Sector ETF has a fifty-two week low of $112.60 and a fifty-two week high of $175.16.
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.
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