iShares Expanded Tech Sector ETF $IGM Shares Sold by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC lessened its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 27.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,301 shares of the exchange traded fund’s stock after selling 5,699 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,927,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in iShares Expanded Tech Sector ETF by 843.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock valued at $423,661,000 after buying an additional 3,007,140 shares in the last quarter. Truist Financial Corp raised its holdings in shares of iShares Expanded Tech Sector ETF by 1,165.7% during the 3rd quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after acquiring an additional 1,856,762 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of iShares Expanded Tech Sector ETF by 915.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock valued at $241,108,000 after acquiring an additional 1,725,741 shares during the last quarter. WestEnd Advisors LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the third quarter valued at about $224,760,000. Finally, Cerity Partners LLC increased its position in iShares Expanded Tech Sector ETF by 6.8% during the third quarter. Cerity Partners LLC now owns 969,152 shares of the exchange traded fund’s stock worth $122,065,000 after purchasing an additional 61,567 shares during the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM stock opened at $122.91 on Monday. The company has a market capitalization of $8.47 billion, a PE ratio of 34.08 and a beta of 1.27. The firm’s 50-day moving average is $127.64 and its two-hundred day moving average is $127.21. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $135.81.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.