iShares Expanded Tech Sector ETF $IGM Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 942,890 shares of the exchange traded fund’s stock after selling 26,262 shares during the quarter. Cerity Partners LLC’s holdings in iShares Expanded Tech Sector ETF were worth $121,784,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of iShares Expanded Tech Sector ETF by 101.6% during the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after acquiring an additional 2,660,957 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares Expanded Tech Sector ETF by 393.9% during the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after acquiring an additional 2,296,259 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Expanded Tech Sector ETF by 173.9% during the fourth quarter. JPMorgan Chase & Co. now owns 2,548,418 shares of the exchange traded fund’s stock valued at $329,154,000 after acquiring an additional 1,617,877 shares in the last quarter. Bank of Montreal Can increased its holdings in iShares Expanded Tech Sector ETF by 35.6% in the 3rd quarter. Bank of Montreal Can now owns 2,073,372 shares of the exchange traded fund’s stock worth $261,141,000 after buying an additional 544,007 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in iShares Expanded Tech Sector ETF by 12.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 777,520 shares of the exchange traded fund’s stock worth $97,856,000 after buying an additional 87,324 shares during the period.

iShares Expanded Tech Sector ETF Trading Up 1.8%

Shares of NYSEARCA:IGM opened at $159.48 on Tuesday. iShares Expanded Tech Sector ETF has a twelve month low of $105.36 and a twelve month high of $171.48. The company’s 50 day moving average is $144.54 and its 200 day moving average is $133.50. The company has a market cap of $10.65 billion, a PE ratio of 34.08 and a beta of 1.39.

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.