SOA Wealth Advisors LLC. Lowers Stock Holdings in iShares Expanded Tech Sector ETF $IGM

SOA Wealth Advisors LLC. cut its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,636 shares of the exchange traded fund’s stock after selling 139 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in iShares Expanded Tech Sector ETF were worth $633,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares Expanded Tech Sector ETF by 182.1% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 342,590 shares of the exchange traded fund’s stock valued at $31,063,000 after purchasing an additional 221,155 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares Expanded Tech Sector ETF by 45.0% during the first quarter. Commonwealth Equity Services LLC now owns 429,228 shares of the exchange traded fund’s stock valued at $38,918,000 after buying an additional 133,142 shares during the period. Sagespring Wealth Partners LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 1,024.6% in the first quarter. Sagespring Wealth Partners LLC now owns 124,731 shares of the exchange traded fund’s stock valued at $11,309,000 after acquiring an additional 113,640 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares Expanded Tech Sector ETF by 528.3% in the first quarter. Jones Financial Companies Lllp now owns 131,328 shares of the exchange traded fund’s stock valued at $10,923,000 after acquiring an additional 110,427 shares in the last quarter. Finally, Shira Ridge Wealth Management purchased a new stake in iShares Expanded Tech Sector ETF in the first quarter worth about $7,859,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA IGM opened at $126.81 on Thursday. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 34.08 and a beta of 1.18. The company’s 50-day simple moving average is $119.58 and its two-hundred day simple moving average is $106.85. iShares Expanded Tech Sector ETF has a one year low of $76.26 and a one year high of $127.78.

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).