Farther Finance Advisors LLC Reduces Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Farther Finance Advisors LLC reduced its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 10.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,691 shares of the exchange traded fund’s stock after selling 198 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $155,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGM. Aptus Capital Advisors LLC acquired a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth $27,000. Morling Financial Advisors LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $30,000. OLD Point Trust & Financial Services N A acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $31,000. Howe & Rusling Inc. purchased a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $37,000. Finally, Transcendent Capital Group LLC acquired a new stake in iShares Expanded Tech Sector ETF during the fourth quarter worth about $42,000.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM stock opened at $106.11 on Friday. The company has a market capitalization of $6.16 billion, a PE ratio of 31.64 and a beta of 1.26. The firm’s 50-day moving average is $98.92 and its two-hundred day moving average is $99.72. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $108.73.

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).