Sawgrass Asset Management LLC Decreases Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Sawgrass Asset Management LLC trimmed its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,662 shares of the exchange traded fund’s stock after selling 192 shares during the period. Sawgrass Asset Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $476,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Bank of Montreal Can grew its position in iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after acquiring an additional 471,204 shares during the last quarter. Wellington Management Group LLP bought a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $40,436,000. SteelPeak Wealth LLC grew its position in iShares Expanded Tech Sector ETF by 3,895.6% during the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after acquiring an additional 369,690 shares during the last quarter. Apollon Wealth Management LLC grew its position in iShares Expanded Tech Sector ETF by 4,166.1% during the 4th quarter. Apollon Wealth Management LLC now owns 103,367 shares of the exchange traded fund’s stock worth $10,553,000 after acquiring an additional 100,944 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in iShares Expanded Tech Sector ETF by 13.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after acquiring an additional 88,089 shares during the last quarter.

iShares Expanded Tech Sector ETF Price Performance

IGM opened at $106.34 on Thursday. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 1 year low of $79.47 and a 1 year high of $107.87. The stock’s 50 day simple moving average is $104.41 and its 200 day simple moving average is $98.38.

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).