iShares Expanded Tech Sector ETF $IGM Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 25.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 102,784 shares of the exchange traded fund’s stock after selling 34,277 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $13,276,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IGM. Envestnet Asset Management Inc. lifted its stake in iShares Expanded Tech Sector ETF by 843.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock valued at $423,661,000 after buying an additional 3,007,140 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Expanded Tech Sector ETF by 101.6% in the 3rd 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 buying an additional 2,660,957 shares in the last quarter. Raymond James Financial Inc. lifted its stake in iShares Expanded Tech Sector ETF by 393.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after buying an additional 2,296,259 shares in the last quarter. Truist Financial Corp lifted its stake in iShares Expanded Tech Sector ETF by 1,165.7% in the 3rd quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock valued at $253,920,000 after buying an additional 1,856,762 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new position in iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $78,380,000.

iShares Expanded Tech Sector ETF Trading Up 0.9%

Shares of iShares Expanded Tech Sector ETF stock opened at $157.19 on Friday. The firm has a market capitalization of $10.49 billion, a PE ratio of 34.08 and a beta of 1.36. iShares Expanded Tech Sector ETF has a twelve month low of $100.00 and a twelve month high of $158.19. The firm’s 50-day moving average price is $135.40 and its 200 day moving average price is $130.85.

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.