Moors & Cabot Inc. Has $352,000 Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Moors & Cabot Inc. reduced its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 43.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,449 shares of the exchange traded fund’s stock after selling 2,600 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Morling Financial Advisors LLC bought a new position in iShares Expanded Tech Sector ETF during the 4th quarter worth $30,000. Private Wealth Management Group LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $36,000. Transcendent Capital Group LLC bought a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth about $42,000. AdvisorNet Financial Inc raised 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 worth $55,000 after purchasing an additional 478 shares in the last quarter. Finally, TruNorth Capital Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $58,000.

iShares Expanded Tech Sector ETF Trading Up 3.0 %

NYSEARCA IGM opened at $94.39 on Friday. The company has a market cap of $5.41 billion, a price-to-earnings ratio of 32.57 and a beta of 1.20. The company has a 50 day moving average of $102.67 and a 200-day moving average of $99.98. iShares Expanded Tech Sector ETF has a 1-year low of $79.68 and a 1-year high of $108.73.

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).