Capital Wealth Alliance LLC Lowers Holdings in iShares Expanded Tech Sector ETF $IGM

Capital Wealth Alliance LLC cut its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,881 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. Capital Wealth Alliance LLC’s holdings in iShares Expanded Tech Sector ETF were worth $548,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Expanded Tech Sector ETF by 47.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,164 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 1,013 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in iShares Expanded Tech Sector ETF by 26.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 148,988 shares of the exchange traded fund’s stock valued at $13,509,000 after acquiring an additional 31,307 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings in shares of iShares Expanded Tech Sector ETF by 477.9% in the 1st quarter. JFS Wealth Advisors LLC now owns 549 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 454 shares during the period. Spire Wealth Management raised its position in shares of iShares Expanded Tech Sector ETF by 16.8% in the 1st quarter. Spire Wealth Management now owns 3,319 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 478 shares in the last quarter. Finally, TSA Wealth Managment LLC raised its position in shares of iShares Expanded Tech Sector ETF by 108.5% in the 1st quarter. TSA Wealth Managment LLC now owns 6,723 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 3,498 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM stock opened at $127.57 on Thursday. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $129.92. The stock’s 50-day moving average is $123.04 and its 200 day moving average is $110.51. The company has a market cap of $9.44 billion, a P/E ratio of 34.08 and a beta of 1.18.

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).