Wealth Enhancement Advisory Services LLC Trims Stake in iShares Expanded Tech Sector ETF $IGM

Wealth Enhancement Advisory Services LLC decreased its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 33.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,154 shares of the exchange traded fund’s stock after selling 12,466 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Expanded Tech Sector ETF were worth $2,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in IGM. Financial Gravity Asset Management Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF in the first quarter valued at about $26,000. Larson Financial Group LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 581.0% in the 1st quarter. Larson Financial Group LLC now owns 286 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 244 shares during the last quarter. CX Institutional purchased a new stake in iShares Expanded Tech Sector ETF during the first quarter valued at approximately $27,000. JFS Wealth Advisors LLC increased its stake in shares of iShares Expanded Tech Sector ETF by 477.9% in the 1st quarter. JFS Wealth Advisors LLC now owns 549 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 454 shares in the last quarter. Finally, Private Wealth Management Group LLC raised its stake in shares of iShares Expanded Tech Sector ETF by 61.9% in the first quarter. Private Wealth Management Group LLC now owns 573 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 219 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

IGM opened at $125.43 on Friday. The firm’s fifty day moving average is $118.88 and its 200 day moving average is $106.25. iShares Expanded Tech Sector ETF has a fifty-two week low of $76.26 and a fifty-two week high of $127.78. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 34.08 and a beta of 1.18.

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).