Signature Estate & Investment Advisors LLC Purchases 2,830 Shares of iShares North American Tech ETF (NYSEARCA:IGM)

Signature Estate & Investment Advisors LLC boosted its position in iShares North American Tech ETF (NYSEARCA:IGM) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 195,402 shares of the exchange traded fund’s stock after buying an additional 2,830 shares during the period. iShares North American Tech ETF makes up 3.2% of Signature Estate & Investment Advisors LLC’s holdings, making the stock its 6th biggest holding. Signature Estate & Investment Advisors LLC owned about 2.57% of iShares North American Tech ETF worth $42,138,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares North American Tech ETF by 406.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 299 shares of the exchange traded fund’s stock valued at $62,000 after buying an additional 240 shares during the period. Westside Investment Management Inc. acquired a new position in shares of iShares North American Tech ETF during the second quarter valued at about $198,000. Sawgrass Asset Management LLC acquired a new position in shares of iShares North American Tech ETF during the first quarter valued at about $217,000. Northstar Asset Management LLC acquired a new position in shares of iShares North American Tech ETF during the first quarter valued at about $224,000. Finally, Cetera Advisor Networks LLC acquired a new position in shares of iShares North American Tech ETF during the first quarter valued at about $231,000.

IGM stock traded down $0.93 during trading on Thursday, reaching $209.92. The stock had a trading volume of 777 shares, compared to its average volume of 40,695. iShares North American Tech ETF has a one year low of $159.30 and a one year high of $228.80. The stock has a 50 day moving average price of $220.51.

Separately, Scotiabank reiterated a “hold” rating and set a $39.00 price objective on shares of iShares North American Tech ETF in a report on Thursday, April 25th.

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

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