Avestar Capital LLC Sells 949 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Avestar Capital LLC cut its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,219 shares of the exchange traded fund’s stock after selling 949 shares during the quarter. Avestar Capital LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,554,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC grew its position in iShares Expanded Tech Sector ETF by 4.0% during the third quarter. Signature Estate & Investment Advisors LLC now owns 1,855,115 shares of the exchange traded fund’s stock worth $177,980,000 after buying an additional 71,852 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after purchasing an additional 471,204 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Expanded Tech Sector ETF by 13.6% in the third quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after purchasing an additional 88,089 shares during the period. Wellington Management Group LLP acquired a new position in iShares Expanded Tech Sector ETF in the third quarter valued at about $40,436,000. Finally, SteelPeak Wealth LLC lifted its position in iShares Expanded Tech Sector ETF by 3,895.6% during the fourth quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after purchasing an additional 369,690 shares during the period.

iShares Expanded Tech Sector ETF Stock Down 0.2 %

Shares of iShares Expanded Tech Sector ETF stock opened at $106.34 on Thursday. The firm’s 50-day moving average price is $104.41 and its two-hundred day moving average price is $98.38. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 12-month low of $79.47 and a 12-month high of $107.87.

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).