Hudson Valley Investment Advisors Inc. ADV Lowers Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Hudson Valley Investment Advisors Inc. ADV lessened its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 83.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 800 shares of the exchange traded fund’s stock after selling 4,000 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares Expanded Tech Sector ETF were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IGM. Cape Investment Advisory Inc. increased its holdings in shares of iShares Expanded Tech Sector ETF by 1,320.6% in the 1st quarter. Cape Investment Advisory Inc. now owns 966 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 237.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 301 shares in the last quarter. Tactive Advisors LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 1st quarter worth approximately $1,030,000. Cambridge Trust Co. increased its stake in iShares Expanded Tech Sector ETF by 500.0% in the 1st quarter. Cambridge Trust Co. now owns 492 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 410 shares in the last quarter. Finally, Garde Capital Inc. raised its holdings in iShares Expanded Tech Sector ETF by 500.0% during the first quarter. Garde Capital Inc. now owns 1,410 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 1,175 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Down 3.1 %

Shares of IGM traded down $2.67 during trading hours on Monday, reaching $84.06. 1,129,544 shares of the company traded hands, compared to its average volume of 296,581. The stock has a market capitalization of $4.24 billion, a PE ratio of 7.11 and a beta of 1.53. The stock has a fifty day simple moving average of $92.93 and a 200 day simple moving average of $87.15. iShares Expanded Tech Sector ETF has a fifty-two week low of $60.65 and a fifty-two week high of $98.70.

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).