Trilogy Capital Inc. Sells 40,454 Shares of iShares Expanded Tech Sector ETF $IGM

Trilogy Capital Inc. reduced its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 82.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,615 shares of the exchange traded fund’s stock after selling 40,454 shares during the period. Trilogy Capital Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $1,409,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in 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. Raymond James Financial Inc. raised its holdings in shares of iShares Expanded Tech Sector ETF by 393.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after acquiring an additional 2,296,259 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Expanded Tech Sector ETF by 173.9% during the 4th quarter. JPMorgan Chase & Co. now owns 2,548,418 shares of the exchange traded fund’s stock valued at $329,154,000 after acquiring an additional 1,617,877 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares Expanded Tech Sector ETF by 12.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 777,520 shares of the exchange traded fund’s stock valued at $97,856,000 after acquiring an additional 87,324 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of iShares Expanded Tech Sector ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 424,377 shares of the exchange traded fund’s stock valued at $54,813,000 after acquiring an additional 44,765 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Up 4.3%

IGM stock opened at $163.59 on Wednesday. The company’s 50 day moving average is $158.96 and its 200 day moving average is $141.54. The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 1-year low of $112.60 and a 1-year high of $171.48.

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.