Advisor Group Inc. Raises Position in iShares North American Tech ETF (NYSEARCA:IGM)

Advisor Group Inc. boosted its stake in iShares North American Tech ETF (NYSEARCA:IGM) by 11.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,446 shares of the exchange traded fund’s stock after buying an additional 554 shares during the quarter. Advisor Group Inc. owned approximately 0.07% of iShares North American Tech ETF worth $1,123,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IGM. Doyle Wealth Management purchased a new position in iShares North American Tech ETF in the 4th quarter valued at about $69,000. Financial Advocates Investment Management lifted its stake in iShares North American Tech ETF by 93.9% in the 4th quarter. Financial Advocates Investment Management now owns 795 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 385 shares in the last quarter. Semmax Financial Advisors Inc. purchased a new position in iShares North American Tech ETF in the 4th quarter worth approximately $119,000. Bessemer Group Inc. lifted its stake in iShares North American Tech ETF by 234.1% in the 4th quarter. Bessemer Group Inc. now owns 715 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 501 shares in the last quarter. Finally, Aspire Private Capital LLC purchased a new position in iShares North American Tech ETF in the 4th quarter worth approximately $124,000.

IGM opened at $210.57 on Thursday. iShares North American Tech ETF has a 1-year low of $159.30 and a 1-year high of $221.51.

Separately, Scotiabank reissued a “hold” rating and issued a $39.00 target price on shares of iShares North American Tech ETF in a research note on Thursday, April 25th.

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About iShares North American Tech 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).

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Institutional Ownership by Quarter for iShares North American Tech ETF (NYSEARCA:IGM)

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