Trilogy Capital Inc. Lowers Stock Holdings in iShares Expanded Tech Sector ETF $IGM

Trilogy Capital Inc. lowered its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 82.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,615 shares of the exchange traded fund’s stock after selling 40,454 shares during the period. Trilogy Capital Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $1,409,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of iShares Expanded Tech Sector ETF by 101.6% during the 3rd quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after purchasing an additional 2,660,957 shares during the last quarter. Raymond James Financial Inc. lifted its position in iShares Expanded Tech Sector ETF by 393.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock worth $362,632,000 after buying an additional 2,296,259 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Expanded Tech Sector ETF by 173.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,548,418 shares of the exchange traded fund’s stock worth $329,154,000 after buying an additional 1,617,877 shares during the last quarter. Lido Advisors LLC boosted its stake in iShares Expanded Tech Sector ETF by 3,325.3% in the fourth quarter. Lido Advisors LLC now owns 235,458 shares of the exchange traded fund’s stock worth $30,390,000 after buying an additional 228,584 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in iShares Expanded Tech Sector ETF by 66.4% in the fourth quarter. Wellington Management Group LLP now owns 353,541 shares of the exchange traded fund’s stock worth $45,663,000 after buying an additional 141,024 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA IGM opened at $163.59 on Wednesday. The stock has a market capitalization of $10.74 billion, a P/E ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a one year low of $112.60 and a one year high of $171.48. The firm’s 50 day simple moving average is $158.96 and its two-hundred day simple moving average is $141.54.

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). 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.