Avestar Capital LLC cut its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,219 shares of the exchange traded fund’s stock after selling 949 shares during the quarter. Avestar Capital LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,554,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Private Wealth Management Group LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at approximately $36,000. AdvisorNet Financial Inc lifted its stake in iShares Expanded Tech Sector ETF by 796.7% in the 4th quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 478 shares during the last quarter. Assetmark Inc. bought a new position in iShares Expanded Tech Sector ETF in the 3rd quarter valued at approximately $63,000. CENTRAL TRUST Co acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $83,000. Finally, Synergy Asset Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth $89,000.
iShares Expanded Tech Sector ETF Stock Performance
Shares of NYSEARCA:IGM opened at $106.34 on Thursday. iShares Expanded Tech Sector ETF has a 52-week low of $79.47 and a 52-week high of $107.87. The company has a market capitalization of $5.36 billion, a PE ratio of 7.11 and a beta of 1.53. The company has a fifty day moving average of $104.41 and a 200-day moving average of $98.38.
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).
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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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