iShares Expanded Tech Sector ETF $IGM Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. trimmed its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,029 shares of the exchange traded fund’s stock after selling 10,390 shares during the quarter. Cibc World Market Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $14,728,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IGM. United Community Bank lifted its holdings in iShares Expanded Tech Sector ETF by 10.7% during the 4th quarter. United Community Bank now owns 797 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 77 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in iShares Expanded Tech Sector ETF by 17.6% during the 4th quarter. Y.D. More Investments Ltd now owns 529 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 79 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in iShares Expanded Tech Sector ETF by 8.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,157 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 89 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares Expanded Tech Sector ETF by 1.6% during the 3rd quarter. Fifth Third Bancorp now owns 6,161 shares of the exchange traded fund’s stock worth $776,000 after buying an additional 100 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in iShares Expanded Tech Sector ETF by 1.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,624 shares of the exchange traded fund’s stock worth $1,114,000 after buying an additional 105 shares during the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA IGM opened at $156.63 on Friday. The company has a market capitalization of $10.46 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. The business has a 50-day moving average of $143.70 and a two-hundred day moving average of $133.21. iShares Expanded Tech Sector ETF has a 1 year low of $105.36 and a 1 year high of $171.48.

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.