Traphagen Investment Advisors LLC Reduces Stock Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Traphagen Investment Advisors LLC cut its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGMFree Report) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 32,778 shares of the exchange traded fund’s stock after selling 531 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $3,346,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IGM. AdvisorNet Financial Inc boosted its position in iShares Expanded Tech Sector ETF by 796.7% during the 4th quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 478 shares during the period. Assetmark Inc. acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth $63,000. Creative Financial Designs Inc. ADV boosted its position in iShares Expanded Tech Sector ETF by 89.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,240 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 585 shares during the period. Centaurus Financial Inc. acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth $145,000. Finally, Middleton & Co. Inc. MA acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth $201,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $104.95 on Wednesday. iShares Expanded Tech Sector ETF has a 1 year low of $77.98 and a 1 year high of $107.19. The stock has a fifty day moving average of $102.94 and a two-hundred day moving average of $97.18. The firm has a market capitalization of $5.29 billion, a PE ratio of 7.11 and a beta of 1.53.

iShares Expanded Tech Sector ETF Profile

(Free Report)

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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Want to see what other hedge funds are holding IGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Expanded Tech Sector ETF (NYSEARCA:IGMFree Report).

Institutional Ownership by Quarter for iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

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