Janney Montgomery Scott LLC Reduces Stake in iShares Expanded Tech Sector ETF $IGM

Janney Montgomery Scott LLC lowered its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 45.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,035,830 shares of the exchange traded fund’s stock after selling 878,482 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Expanded Tech Sector ETF were worth $133,788,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of IGM. Tucker Asset Management LLC purchased a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $28,000. FAS Wealth Partners Inc. acquired a new position in iShares Expanded Tech Sector ETF in the second quarter valued at approximately $28,000. Atlantic Union Bankshares Corp lifted its holdings in iShares Expanded Tech Sector ETF by 153.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 144 shares during the period. Cary Street Partners Financial LLC acquired a new position in iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $37,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in iShares Expanded Tech Sector ETF in the third quarter valued at approximately $38,000.

iShares Expanded Tech Sector ETF Trading Down 2.5%

Shares of NYSEARCA:IGM opened at $153.02 on Thursday. iShares Expanded Tech Sector ETF has a 12-month low of $105.36 and a 12-month high of $171.48. The company has a market capitalization of $10.21 billion, a PE ratio of 34.08 and a beta of 1.39. The business has a 50 day moving average of $146.16 and a two-hundred day moving average of $133.93.

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). 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.