Tandem Capital Management Corp ADV Sells 510 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Tandem Capital Management Corp ADV decreased its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 10.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,614 shares of the exchange traded fund’s stock after selling 510 shares during the period. Tandem Capital Management Corp ADV’s holdings in iShares Expanded Tech Sector ETF were worth $443,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of IGM. Financial Gravity Asset Management Inc. boosted its holdings in shares of iShares Expanded Tech Sector ETF by 252.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 282 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 202 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of iShares Expanded Tech Sector ETF during the 2nd quarter worth approximately $31,000. Pittenger & Anderson Inc. raised its holdings in shares of iShares Expanded Tech Sector ETF by 500.0% in the 1st quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 325 shares during the period. Fortis Group Advisors LLC grew its holdings in iShares Expanded Tech Sector ETF by 200.0% during the first quarter. Fortis Group Advisors LLC now owns 402 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 268 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in iShares Expanded Tech Sector ETF by 237.0% during the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 301 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA IGM traded up $1.23 during trading on Friday, reaching $98.32. 13,498 shares of the stock traded hands, compared to its average volume of 290,564. The company has a 50-day moving average of $94.15 and a 200-day moving average of $91.09. iShares Expanded Tech Sector ETF has a 52-week low of $60.65 and a 52-week high of $99.52. The stock has a market capitalization of $4.96 billion, a P/E ratio of 7.11 and a beta of 1.53.

iShares Expanded Tech Sector ETF 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).