Aries Wealth Management lessened its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 43.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,500 shares of the exchange traded fund’s stock after selling 1,910 shares during the period. Aries Wealth Management’s holdings in iShares Expanded Tech Sector ETF were worth $227,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of IGM. Allworth Financial LP grew its position in iShares Expanded Tech Sector ETF by 81,664.1% during the fourth quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock valued at $27,046,000 after buying an additional 252,342 shares during the period. Valmark Advisers Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 6.3% during the 4th quarter. Valmark Advisers Inc. now owns 5,067 shares of the exchange traded fund’s stock worth $517,000 after purchasing an additional 301 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 14.2% in the 4th quarter. Sanctuary Advisors LLC now owns 62,340 shares of the exchange traded fund’s stock worth $6,555,000 after purchasing an additional 7,728 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of iShares Expanded Tech Sector ETF by 6.1% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,285 shares of the exchange traded fund’s stock worth $438,000 after purchasing an additional 248 shares during the period. Finally, Global Retirement Partners LLC lifted its stake in iShares Expanded Tech Sector ETF by 10.9% in the fourth quarter. Global Retirement Partners LLC now owns 15,574 shares of the exchange traded fund’s stock valued at $1,590,000 after purchasing an additional 1,533 shares during the last quarter.
iShares Expanded Tech Sector ETF Trading Down 1.4%
Shares of NYSEARCA IGM opened at $105.95 on Monday. The stock has a fifty day simple moving average of $96.90 and a two-hundred day simple moving average of $99.52. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $108.73. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 31.64 and a beta of 1.26.
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).
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