Shira Ridge Wealth Management Decreases Stock Holdings in iShares Expanded Tech Sector ETF $IGM

Shira Ridge Wealth Management lessened its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 5.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 106,089 shares of the exchange traded fund’s stock after selling 5,720 shares during the period. iShares Expanded Tech Sector ETF accounts for approximately 6.1% of Shira Ridge Wealth Management’s portfolio, making the stock its 4th largest holding. Shira Ridge Wealth Management owned approximately 0.16% of iShares Expanded Tech Sector ETF worth $17,354,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IGM. Dynamic Advisor Solutions LLC bought a new position in iShares Expanded Tech Sector ETF in the 2nd quarter worth about $717,000. Avior Wealth Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the 2nd quarter valued at about $5,548,000. Howard Financial Services LTD. bought a new stake in shares of iShares Expanded Tech Sector ETF during the 2nd quarter valued at about $228,000. Parallel Advisors LLC purchased a new position in shares of iShares Expanded Tech Sector ETF during the first quarter worth about $49,000. Finally, Financial Solutions Advisory Group Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF during the first quarter worth about $453,000.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $163.72 on Monday. The company’s 50 day moving average is $158.93 and its 200 day moving average is $142.21. The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 1-year low of $112.60 and a 1-year high of $171.48.

iShares Expanded Tech Sector ETF Company Profile

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.