Migdal Insurance & Financial Holdings Ltd. Trims Holdings in iShares Expanded Tech Sector ETF $IGM

Migdal Insurance & Financial Holdings Ltd. reduced its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 12.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,807 shares of the exchange traded fund’s stock after selling 3,810 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Expanded Tech Sector ETF were worth $3,462,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IGM. FAS Wealth Partners Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF in the second quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares Expanded Tech Sector ETF during the third quarter worth approximately $38,000. Avion Wealth boosted its position in iShares Expanded Tech Sector ETF by 47.6% during the third quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 100 shares during the last quarter. Root Financial Partners LLC purchased a new stake in iShares Expanded Tech Sector ETF in the 3rd quarter worth approximately $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $45,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $138.26 on Wednesday. iShares Expanded Tech Sector ETF has a fifty-two week low of $83.65 and a fifty-two week high of $139.75. The company has a market capitalization of $9.18 billion, a PE ratio of 34.08 and a beta of 1.31. The stock has a fifty day moving average of $124.92 and a two-hundred day moving average of $127.93.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.