Harmony Asset Management LLC Cuts Stake in iShares Expanded Tech Sector ETF $IGM

Harmony Asset Management LLC lowered its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 43.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,078 shares of the exchange traded fund’s stock after selling 6,950 shares during the period. Harmony Asset Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,173,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Expanded Tech Sector ETF by 101.6% during the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after buying an additional 2,660,957 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 843.3% during the third 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 during the period. Raymond James Financial Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 393.9% during the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after buying an additional 2,296,259 shares during the period. Bank of Montreal Can increased its stake in shares of iShares Expanded Tech Sector ETF by 35.6% during the third quarter. Bank of Montreal Can now owns 2,073,372 shares of the exchange traded fund’s stock valued at $261,141,000 after buying an additional 544,007 shares during the period. Finally, Truist Financial Corp increased its stake in shares of iShares Expanded Tech Sector ETF by 1,165.7% during the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock valued at $253,920,000 after buying an additional 1,856,762 shares during the period.

iShares Expanded Tech Sector ETF Trading Up 2.0%

Shares of iShares Expanded Tech Sector ETF stock opened at $154.63 on Thursday. The firm has a market cap of $10.32 billion, a P/E ratio of 34.08 and a beta of 1.36. iShares Expanded Tech Sector ETF has a 12 month low of $100.00 and a 12 month high of $157.18. The stock’s fifty day moving average price is $134.16 and its 200-day moving average price is $130.51.

iShares Expanded Tech Sector ETF Company 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.