iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Shares Sold by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV reduced its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 83.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 800 shares of the exchange traded fund’s stock after selling 4,000 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares Expanded Tech Sector ETF were worth $75,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IGM. Fifth Third Bancorp raised its position in shares of iShares Expanded Tech Sector ETF by 248.8% in the fourth quarter. Fifth Third Bancorp now owns 851 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 607 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $110,310,000. Stratos Wealth Partners LTD. lifted its holdings in iShares Expanded Tech Sector ETF by 9.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 1,300 shares of the exchange traded fund’s stock worth $583,000 after acquiring an additional 109 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in iShares Expanded Tech Sector ETF by 20.9% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 677 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 117 shares during the last quarter. Finally, WESPAC Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $1,407,000.

iShares Expanded Tech Sector ETF Trading Down 3.1 %

NYSEARCA:IGM traded down $2.67 on Monday, hitting $84.06. 1,129,544 shares of the company’s stock traded hands, compared to its average volume of 296,581. The company has a market cap of $4.24 billion, a PE ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $98.70. The firm has a 50-day moving average price of $92.93 and a 200-day moving average price of $87.15.

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).