GM Advisory Group LLC Decreases Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

GM Advisory Group LLC trimmed its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 66.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,372 shares of the exchange traded fund’s stock after selling 194,305 shares during the quarter. GM Advisory Group LLC owned 0.20% of iShares Expanded Tech Sector ETF worth $9,534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in iShares Expanded Tech Sector ETF by 434.6% during the 1st quarter. Osaic Holdings Inc. now owns 99,652 shares of the exchange traded fund’s stock valued at $8,590,000 after purchasing an additional 81,013 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of iShares Expanded Tech Sector ETF by 499.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,199 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 999 shares during the period. Freestone Capital Holdings LLC raised its stake in iShares Expanded Tech Sector ETF by 500.0% in the 1st quarter. Freestone Capital Holdings LLC now owns 4,926 shares of the exchange traded fund’s stock worth $425,000 after acquiring an additional 4,105 shares during the last quarter. EP Wealth Advisors LLC lifted its position in iShares Expanded Tech Sector ETF by 492.1% during the 1st quarter. EP Wealth Advisors LLC now owns 5,412 shares of the exchange traded fund’s stock worth $466,000 after acquiring an additional 4,498 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in iShares Expanded Tech Sector ETF during the 1st quarter valued at about $379,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $100.84 on Friday. iShares Expanded Tech Sector ETF has a fifty-two week low of $69.16 and a fifty-two week high of $102.61. The firm has a market capitalization of $5.08 billion, a PE ratio of 7.11 and a beta of 1.53. The stock’s 50-day simple moving average is $97.34 and its 200-day simple moving average is $93.37.

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).