Shira Ridge Wealth Management lowered its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 7.2% in the fourth quarter, HoldingsChannel reports. The firm owned 90,129 shares of the exchange traded fund’s stock after selling 7,009 shares during the period. iShares Expanded Tech Sector ETF makes up about 4.7% of Shira Ridge Wealth Management’s portfolio, making the stock its 6th biggest holding. Shira Ridge Wealth Management’s holdings in iShares Expanded Tech Sector ETF were worth $11,641,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. FAS Wealth Partners Inc. purchased a new position in iShares Expanded Tech Sector ETF during the second quarter worth about $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at approximately $38,000. Clarity Asset Management Inc. purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 2nd quarter valued at approximately $39,000. Avion Wealth increased its holdings in shares of iShares Expanded Tech Sector ETF by 47.6% during the 3rd quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 100 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $39,000.
iShares Expanded Tech Sector ETF Stock Performance
IGM stock opened at $121.13 on Wednesday. iShares Expanded Tech Sector ETF has a one year low of $76.26 and a one year high of $135.81. The firm has a market cap of $8.35 billion, a PE ratio of 34.08 and a beta of 1.27. The firm’s 50 day moving average price is $125.92 and its 200-day moving average price is $127.71.
iShares Expanded Tech Sector ETF Company 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.
Further Reading
Want to see what other hedge funds are holding IGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report).
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