Royal Bank of Canada Sells 2,894 Shares of iShares S&P NA Tech. Sec. Idx. Fd. (IGM)

Royal Bank of Canada lessened its stake in shares of iShares S&P NA Tech. Sec. Idx. Fd. (NYSEARCA:IGM) by 1.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 229,790 shares of the exchange traded fund’s stock after selling 2,894 shares during the period. Royal Bank of Canada’s holdings in iShares S&P NA Tech. Sec. Idx. Fd. were worth $33,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IGM. Lucas Capital Management increased its holdings in iShares S&P NA Tech. Sec. Idx. Fd. by 0.7% during the second quarter. Lucas Capital Management now owns 7,565 shares of the exchange traded fund’s stock worth $1,094,000 after buying an additional 56 shares during the last quarter. WealthTrust Axiom LLC bought a new position in iShares S&P NA Tech. Sec. Idx. Fd. during the second quarter worth about $206,000. BB&T Securities LLC boosted its position in iShares S&P NA Tech. Sec. Idx. Fd. by 10.4% during the second quarter. BB&T Securities LLC now owns 7,882 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 740 shares during the period. Timber Hill LLC bought a new position in iShares S&P NA Tech. Sec. Idx. Fd. during the second quarter worth about $300,000. Finally, CIBC World Markets Inc. boosted its position in iShares S&P NA Tech. Sec. Idx. Fd. by 122.2% during the second quarter. CIBC World Markets Inc. now owns 32,345 shares of the exchange traded fund’s stock worth $4,678,000 after purchasing an additional 17,786 shares during the period.

iShares S&P NA Tech. Sec. Idx. Fd. (NYSEARCA IGM) opened at 160.53 on Tuesday. The firm’s 50-day moving average is $155.01 and its 200-day moving average is $148.45. iShares S&P NA Tech. Sec. Idx. Fd. has a 12 month low of $119.00 and a 12 month high of $160.48.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were paid a dividend of $0.2457 per share. This represents a $0.98 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend was Tuesday, September 26th.

TRADEMARK VIOLATION WARNING: This piece was published by BBNS and is the sole property of of BBNS. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://baseballnewssource.com/markets/ishares-sp-na-tech-sec-idx-fd-igm-position-reduced-by-royal-bank-of-canada/1698715.html.

Separately, BMO Capital Markets reiterated a “buy” rating and set a $47.00 target price on shares of iShares S&P NA Tech. Sec. Idx. Fd. in a research report on Sunday, September 17th.

iShares S&P NA Tech. Sec. Idx. Fd. 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).

Institutional Ownership by Quarter for iShares S&P NA Tech. Sec. Idx. Fd. (NYSEARCA:IGM)

Receive News & Ratings for iShares S&P NA Tech. Sec. Idx. Fd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P NA Tech. Sec. Idx. Fd. and related companies with our FREE daily email newsletter.

 


Latest News

Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Red Sox Waste Little Time in Firing John Farrell
Red Sox Waste Little Time in Firing John Farrell
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Red Sox Beat Houston Sunday to Avoid Elimination
Red Sox Beat Houston Sunday to Avoid Elimination


Leave a Reply

 
© 2006-2017 BBNS.