Bell Investment Advisors Inc Reduces Position in iShares Expanded Tech Sector ETF $IGM

Bell Investment Advisors Inc reduced its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 77.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 389 shares of the exchange traded fund’s stock after selling 1,327 shares during the quarter. Bell Investment Advisors Inc’s holdings in iShares Expanded Tech Sector ETF were worth $44,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Creative Capital Management Investments LLC acquired a new position in iShares Expanded Tech Sector ETF in the 2nd quarter valued at about $28,000. Larson Financial Group LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 581.0% during the 1st quarter. Larson Financial Group LLC now owns 286 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 244 shares during the last quarter. Capital Advisors Ltd. LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF during the second quarter worth about $37,000. N.E.W. Advisory Services LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the first quarter valued at approximately $87,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 120.5% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 1,045 shares of the exchange traded fund’s stock valued at $117,000 after buying an additional 571 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

Shares of NYSEARCA IGM opened at $127.81 on Monday. The firm has a market cap of $9.59 billion, a P/E ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a 1 year low of $76.26 and a 1 year high of $135.81. The firm’s 50 day moving average price is $127.87 and its 200 day moving average price is $116.32.

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).