SageView Advisory Group LLC Cuts Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

SageView Advisory Group LLC lessened its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,836 shares of the exchange traded fund’s stock after selling 245 shares during the quarter. SageView Advisory Group LLC’s holdings in iShares Expanded Tech Sector ETF were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. IHT Wealth Management LLC increased its holdings in shares of iShares Expanded Tech Sector ETF by 1.8% in the third quarter. IHT Wealth Management LLC now owns 32,089 shares of the exchange traded fund’s stock worth $3,078,000 after buying an additional 568 shares during the period. Integrated Wealth Concepts LLC grew its position in iShares Expanded Tech Sector ETF by 22.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 5,531 shares of the exchange traded fund’s stock worth $531,000 after acquiring an additional 1,021 shares during the last quarter. Harmony Asset Management LLC grew its position in iShares Expanded Tech Sector ETF by 19.2% during the 3rd quarter. Harmony Asset Management LLC now owns 21,141 shares of the exchange traded fund’s stock worth $2,028,000 after acquiring an additional 3,405 shares during the last quarter. Hilltop Holdings Inc. increased its stake in iShares Expanded Tech Sector ETF by 71.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 12,817 shares of the exchange traded fund’s stock worth $1,230,000 after purchasing an additional 5,358 shares during the period. Finally, Benjamin Edwards Inc. bought a new stake in iShares Expanded Tech Sector ETF in the third quarter valued at approximately $681,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of iShares Expanded Tech Sector ETF stock opened at $105.36 on Friday. iShares Expanded Tech Sector ETF has a 52-week low of $69.96 and a 52-week high of $105.65. The company’s 50 day moving average price is $99.17 and its 200-day moving average price is $94.62. The stock has a market capitalization of $5.31 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.

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).