iShares Expanded Tech Sector ETF $IGM Shares Sold by M&T Bank Corp

M&T Bank Corp trimmed its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 73.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,715 shares of the exchange traded fund’s stock after selling 12,723 shares during the period. M&T Bank Corp’s holdings in iShares Expanded Tech Sector ETF were worth $597,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Y.D. More Investments Ltd grew its stake in iShares Expanded Tech Sector ETF by 17.6% in the fourth quarter. Y.D. More Investments Ltd now owns 529 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 79 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in iShares Expanded Tech Sector ETF by 8.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,157 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 89 shares in the last quarter. Avion Wealth grew its stake in iShares Expanded Tech Sector ETF by 47.6% in the third quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 100 shares in the last quarter. FAS Wealth Partners Inc. grew its stake in iShares Expanded Tech Sector ETF by 40.0% in the third quarter. FAS Wealth Partners Inc. now owns 350 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 100 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in iShares Expanded Tech Sector ETF by 1.6% in the third quarter. Fifth Third Bancorp now owns 6,161 shares of the exchange traded fund’s stock worth $776,000 after purchasing an additional 100 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $144.96 on Friday. The company has a market capitalization of $9.68 billion, a price-to-earnings ratio of 34.08 and a beta of 1.31. iShares Expanded Tech Sector ETF has a one year low of $93.79 and a one year high of $145.22. The stock has a 50-day simple moving average of $127.32 and a 200 day simple moving average of $128.59.

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). 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.