Cadent Capital Advisors LLC Has $502,000 Stock Holdings in iShares North American Tech ETF (NYSEARCA:IGM)

Cadent Capital Advisors LLC cut its stake in shares of iShares North American Tech ETF (NYSEARCA:IGM) by 37.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,392 shares of the exchange traded fund’s stock after selling 828 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares North American Tech ETF were worth $502,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Phoenix Wealth Advisors acquired a new stake in shares of iShares North American Tech ETF during the fourth quarter worth approximately $31,000. Albion Financial Group UT acquired a new stake in shares of iShares North American Tech ETF during the fourth quarter worth $61,000. Total Clarity Wealth Management Inc. bought a new position in iShares North American Tech ETF during the first quarter worth about $72,000. Allred Capital Management LLC bought a new stake in shares of iShares North American Tech ETF in the 1st quarter valued at about $135,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of iShares North American Tech ETF in the 4th quarter valued at approximately $133,000.

Shares of iShares North American Tech ETF stock traded up $0.36 on Friday, hitting $387.55. The stock had a trading volume of 345 shares, compared to its average volume of 38,512. The company has a 50 day moving average price of $378.10. iShares North American Tech ETF has a twelve month low of $261.44 and a twelve month high of $392.37.

Separately, BMO Capital Markets increased their price target on iShares North American Tech ETF from $44.00 to $47.00 and gave the stock a “market perform” rating in a report on Monday, May 10th.

iShares North American Tech 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).

Featured Article: How to use beta for portfolio diversification

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)

Receive News & Ratings for iShares North American Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares North American Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.