Allworth Financial LP Sells 6,646 Shares of iShares Expanded Tech Sector ETF $IGM

Allworth Financial LP lessened its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 225,825 shares of the exchange traded fund’s stock after selling 6,646 shares during the quarter. Allworth Financial LP owned approximately 0.34% of iShares Expanded Tech Sector ETF worth $36,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of iShares Expanded Tech Sector ETF by 101.6% in the 3rd quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock worth $665,119,000 after purchasing an additional 2,660,957 shares in the last quarter. Raymond James Financial Inc. lifted its position in iShares Expanded Tech Sector ETF by 393.9% during the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after purchasing an additional 2,296,259 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares Expanded Tech Sector ETF by 173.9% during the fourth quarter. JPMorgan Chase & Co. now owns 2,548,418 shares of the exchange traded fund’s stock valued at $329,154,000 after purchasing an additional 1,617,877 shares in the last quarter. Ameriprise Financial Inc. lifted its position in iShares Expanded Tech Sector ETF by 12.7% during the third quarter. Ameriprise Financial Inc. now owns 777,520 shares of the exchange traded fund’s stock valued at $97,856,000 after purchasing an additional 87,324 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in iShares Expanded Tech Sector ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 424,377 shares of the exchange traded fund’s stock valued at $54,813,000 after purchasing an additional 44,765 shares during the period.

iShares Expanded Tech Sector ETF Stock Up 0.2%

IGM traded up $0.27 during midday trading on Tuesday, reaching $162.01. The company had a trading volume of 140,071 shares, compared to its average volume of 611,224. The business has a 50-day moving average of $158.73 and a two-hundred day moving average of $147.17. iShares Expanded Tech Sector ETF has a 1 year low of $112.60 and a 1 year high of $171.48. The company has a market cap of $10.64 billion, a P/E ratio of 34.08 and a beta of 1.40.

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.