iShares Expanded Tech Sector ETF $IGM Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. lowered its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,029 shares of the exchange traded fund’s stock after selling 10,390 shares during the quarter. Cibc World Market Inc. owned approximately 0.17% of iShares Expanded Tech Sector ETF worth $14,728,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. FAS Wealth Partners Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF in the second quarter valued at approximately $28,000. Tucker Asset Management LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $28,000. Atlantic Union Bankshares Corp increased its holdings in shares of iShares Expanded Tech Sector ETF by 153.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 144 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $37,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Expanded Tech Sector ETF in the third quarter valued at approximately $38,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $156.63 on Friday. iShares Expanded Tech Sector ETF has a one year low of $105.36 and a one year high of $171.48. The stock has a market cap of $10.46 billion, a PE ratio of 34.08 and a beta of 1.39. The stock has a 50 day moving average price of $143.70 and a 200 day moving average price of $133.21.

iShares Expanded Tech Sector ETF 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.