iShares Expanded Tech Sector ETF $IGM Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 3.7% during the first quarter, HoldingsChannel reports. The firm owned 98,967 shares of the exchange traded fund’s stock after selling 3,817 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $11,729,000 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 stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $28,000. FAS Wealth Partners Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF in the second quarter worth about $28,000. Atlantic Union Bankshares Corp boosted its position 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 last quarter. Cary Street Partners Financial LLC acquired a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth about $37,000. Finally, Clearstead Trust LLC purchased a new stake in iShares Expanded Tech Sector ETF during the 4th quarter valued at about $39,000.

iShares Expanded Tech Sector ETF Trading Down 1.4%

Shares of NYSEARCA IGM opened at $151.94 on Friday. The stock has a market cap of $9.94 billion, a PE ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $171.48. The company has a 50-day moving average of $159.28 and a 200 day moving average of $140.36.

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.