Migdal Insurance & Financial Holdings Ltd. Reduces Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Migdal Insurance & Financial Holdings Ltd. lessened its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,003 shares of the exchange traded fund’s stock after selling 1,190 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Expanded Tech Sector ETF were worth $2,495,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IGM. Financial Gravity Asset Management Inc. raised its position in iShares Expanded Tech Sector ETF by 252.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 282 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 202 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of iShares Expanded Tech Sector ETF in the second quarter valued at about $31,000. EverSource Wealth Advisors LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 237.0% during the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 301 shares during the period. Family Asset Management LLC purchased a new position in shares of iShares Expanded Tech Sector ETF during the second quarter worth about $37,000. Finally, Cambridge Trust Co. grew its holdings in shares of iShares Expanded Tech Sector ETF by 500.0% during the first quarter. Cambridge Trust Co. now owns 492 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 410 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Down 0.2 %

IGM traded down $0.23 on Friday, hitting $102.07. 218,613 shares of the company traded hands, compared to its average volume of 286,813. iShares Expanded Tech Sector ETF has a 12-month low of $66.45 and a 12-month high of $102.35. The company has a 50 day moving average of $95.37 and a 200-day moving average of $92.23. The stock has a market capitalization of $5.14 billion, a PE ratio of 7.11 and a beta of 1.53.

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).