Meridian Investment Counsel Inc. Sells 435 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Meridian Investment Counsel Inc. cut its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 1.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,795 shares of the exchange traded fund’s stock after selling 435 shares during the period. iShares Expanded Tech Sector ETF accounts for 1.0% of Meridian Investment Counsel Inc.’s investment portfolio, making the stock its 26th biggest position. Meridian Investment Counsel Inc. owned approximately 0.06% of iShares Expanded Tech Sector ETF worth $3,336,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Journey Beyond Wealth LLC bought a new position in iShares Expanded Tech Sector ETF in the 4th quarter valued at $2,382,000. Assetmark Inc. boosted its holdings in iShares Expanded Tech Sector ETF by 41.5% in the 4th quarter. Assetmark Inc. now owns 931 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 273 shares during the period. Walled Lake Planning & Wealth Management LLC boosted its holdings in iShares Expanded Tech Sector ETF by 4.1% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,021 shares of the exchange traded fund’s stock valued at $717,000 after purchasing an additional 276 shares during the period. Barclays PLC bought a new position in iShares Expanded Tech Sector ETF in the 4th quarter valued at $123,000. Finally, Harbour Investments Inc. boosted its holdings in iShares Expanded Tech Sector ETF by 8.5% in the 4th quarter. Harbour Investments Inc. now owns 1,851 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 145 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA:IGM opened at $113.45 on Friday. The firm has a fifty day moving average price of $103.74 and a two-hundred day moving average price of $100.11. The company has a market cap of $6.77 billion, a price-to-earnings ratio of 34.08 and a beta of 1.18. iShares Expanded Tech Sector ETF has a one year low of $76.26 and a one year high of $113.67.

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).