Corient Private Wealth LLC Lowers Holdings in iShares Expanded Tech Sector ETF $IGM

Corient Private Wealth LLC reduced its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 8.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 105,648 shares of the exchange traded fund’s stock after selling 9,870 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares Expanded Tech Sector ETF were worth $13,646,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Tucker Asset Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at about $28,000. FAS Wealth Partners Inc. acquired a new stake in iShares Expanded Tech Sector ETF during the second quarter worth about $28,000. Atlantic Union Bankshares Corp grew its holdings in iShares Expanded Tech Sector ETF by 153.2% during the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 144 shares during the period. Cary Street Partners Financial LLC acquired a new stake in iShares Expanded Tech Sector ETF during the fourth quarter worth about $37,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in iShares Expanded Tech Sector ETF during the third quarter valued at approximately $38,000.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA IGM opened at $158.29 on Wednesday. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. The firm’s 50 day simple moving average is $153.12 and its 200-day simple moving average is $136.02. iShares Expanded Tech Sector ETF has a 12 month low of $108.29 and a 12 month high of $171.48.

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.