iShares North American Tech ETF (IGM) Position Lessened by HL Financial Services LLC

HL Financial Services LLC decreased its position in shares of iShares North American Tech ETF (NYSEARCA:IGM) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,372 shares of the exchange traded fund’s stock after selling 84 shares during the quarter. HL Financial Services LLC’s holdings in iShares North American Tech ETF were worth $283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IGM. Doyle Wealth Management purchased a new position in shares of iShares North American Tech ETF during the fourth quarter valued at approximately $69,000. Financial Advocates Investment Management increased its position in iShares North American Tech ETF by 93.9% during the fourth quarter. Financial Advocates Investment Management now owns 795 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 385 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in iShares North American Tech ETF during the fourth quarter worth approximately $119,000. Bessemer Group Inc. increased its position in iShares North American Tech ETF by 234.1% during the fourth quarter. Bessemer Group Inc. now owns 715 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 501 shares during the last quarter. Finally, Aspire Private Capital LLC acquired a new position in iShares North American Tech ETF during the fourth quarter worth approximately $124,000.

IGM has been the subject of several research analyst reports. Scotiabank reaffirmed a “hold” rating and set a $39.00 price target on shares of iShares North American Tech ETF in a research report on Thursday, April 25th. Desjardins reaffirmed a “neutral” rating and set a $37.00 price target on shares of iShares North American Tech ETF in a research report on Tuesday, February 12th.



Shares of IGM stock opened at $207.57 on Wednesday. iShares North American Tech ETF has a one year low of $159.30 and a one year high of $221.51.

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iShares North American Tech 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).

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Want to see what other hedge funds are holding IGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares North American Tech ETF (NYSEARCA:IGM).

Institutional Ownership by Quarter for iShares North American Tech ETF (NYSEARCA:IGM)

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