Interactive Financial Advisors Inc. Has $3.77 Million Position in iShares Expanded Tech Sector ETF $IGM

Interactive Financial Advisors Inc. cut its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 13.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,198 shares of the exchange traded fund’s stock after selling 4,575 shares during the quarter. iShares Expanded Tech Sector ETF makes up approximately 2.4% of Interactive Financial Advisors Inc.’s portfolio, making the stock its 14th biggest position. Interactive Financial Advisors Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $3,771,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IGM. AQR Capital Management LLC acquired a new position in iShares Expanded Tech Sector ETF during the 1st quarter worth about $274,000. Goldman Sachs Group Inc. lifted its stake in shares of iShares Expanded Tech Sector ETF by 6.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock valued at $16,239,000 after purchasing an additional 10,218 shares during the period. First Trust Advisors LP lifted its stake in shares of iShares Expanded Tech Sector ETF by 13.1% in the 2nd quarter. First Trust Advisors LP now owns 58,839 shares of the exchange traded fund’s stock valued at $6,610,000 after purchasing an additional 6,811 shares during the period. Marshall Wace LLP acquired a new position in shares of iShares Expanded Tech Sector ETF in the 2nd quarter valued at about $3,083,000. Finally, Qube Research & Technologies Ltd lifted its stake in shares of iShares Expanded Tech Sector ETF by 3.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock valued at $367,000 after purchasing an additional 118 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA:IGM opened at $157.19 on Monday. The company has a market capitalization of $10.49 billion, a price-to-earnings ratio of 34.08 and a beta of 1.36. The business’s 50-day moving average is $135.40 and its 200-day moving average is $130.83. iShares Expanded Tech Sector ETF has a 1 year low of $100.00 and a 1 year high of $158.19.

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.