Mathes Company Inc. Sells 1,138 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Mathes Company Inc. decreased its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 0.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 163,358 shares of the exchange traded fund’s stock after selling 1,138 shares during the quarter. iShares Expanded Tech Sector ETF comprises about 5.6% of Mathes Company Inc.’s holdings, making the stock its 2nd largest position. Mathes Company Inc. owned 0.32% of iShares Expanded Tech Sector ETF worth $15,406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. lifted its stake in shares of iShares Expanded Tech Sector ETF by 252.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 282 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 202 shares during the period. Mather Group LLC. purchased a new position in iShares Expanded Tech Sector ETF during the second quarter worth about $31,000. Pittenger & Anderson Inc. boosted its stake in iShares Expanded Tech Sector ETF by 500.0% in the 1st quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 325 shares during the last quarter. Fortis Group Advisors LLC grew its holdings in iShares Expanded Tech Sector ETF by 200.0% in the 1st quarter. Fortis Group Advisors LLC now owns 402 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 268 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of iShares Expanded Tech Sector ETF by 237.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 301 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

IGM opened at $91.88 on Thursday. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $98.70. The company’s 50 day simple moving average is $91.34 and its 200 day simple moving average is $89.24. The stock has a market capitalization of $4.63 billion, a PE ratio of 7.11 and a beta of 1.53.

iShares Expanded Tech Sector ETF 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).