Meridian Investment Counsel Inc. Sells 800 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Meridian Investment Counsel Inc. lessened its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,180 shares of the exchange traded fund’s stock after selling 800 shares during the quarter. iShares Expanded Tech Sector ETF makes up approximately 1.1% of Meridian Investment Counsel Inc.’s holdings, making the stock its 20th biggest holding. Meridian Investment Counsel Inc. owned about 0.08% of iShares Expanded Tech Sector ETF worth $3,759,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in iShares Expanded Tech Sector ETF by 237.0% in the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 301 shares during the period. Mather Group LLC. acquired a new stake in iShares Expanded Tech Sector ETF in the second quarter valued at $31,000. Bank of New York Mellon Corp grew its holdings in iShares Expanded Tech Sector ETF by 5.8% during the second quarter. Bank of New York Mellon Corp now owns 45,979 shares of the exchange traded fund’s stock worth $4,336,000 after purchasing an additional 2,525 shares during the period. Osaic Holdings Inc. raised its stake in iShares Expanded Tech Sector ETF by 434.6% in the 1st quarter. Osaic Holdings Inc. now owns 99,652 shares of the exchange traded fund’s stock valued at $8,590,000 after acquiring an additional 81,013 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of iShares Expanded Tech Sector ETF by 499.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,199 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 999 shares during the period.

iShares Expanded Tech Sector ETF Trading Down 2.5 %

iShares Expanded Tech Sector ETF stock opened at $98.57 on Friday. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. The stock’s 50 day moving average is $96.52 and its 200-day moving average is $92.87. iShares Expanded Tech Sector ETF has a 12 month low of $69.16 and a 12 month high of $102.61.

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).