iShares Expanded Tech Sector ETF $IGM Shares Sold by Mathes Company Inc.

Mathes Company Inc. lessened its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 12.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,315 shares of the exchange traded fund’s stock after selling 17,109 shares during the period. iShares Expanded Tech Sector ETF comprises 5.7% of Mathes Company Inc.’s investment portfolio, making the stock its biggest holding. Mathes Company Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $15,927,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $28,000. FAS Wealth Partners Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the 2nd quarter worth about $28,000. Atlantic Union Bankshares Corp boosted its position in shares of iShares Expanded Tech Sector ETF by 153.2% during the 4th 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 in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $38,000. Finally, Root Financial Partners LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $39,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $157.19 on Monday. The stock has a 50-day simple moving average of $135.40 and a 200-day simple moving average of $130.83. The stock has a market cap of $10.49 billion, a P/E ratio of 34.08 and a beta of 1.36. iShares Expanded Tech Sector ETF has a 1 year low of $100.00 and a 1 year high of $158.19.

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.