iShares Expanded Tech Sector ETF (IGM) Sells Apple and Microsoft on Nov. 5

This article first appeared on GuruFocus .

In Thursday's session, one ETF was selling and none were buying, as iShares Expanded Tech Sector ETF ( IGM ) recorded $152.9 million in gross ETF activity , all of it on the sell side. The $9.59 billion fund decreased 288 positions and increased none, for a net outflow of $152.9 million.

What did IGM sell on Thursday?

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Its largest sells by dollar value were AAPL ($16.5 million), MSFT ($16.5 million) and NVDA ($12.3 million).

The largest sales were Apple ( AAPL ), down 47,916 shares for $16.5 million, and Microsoft ( MSFT ), down 30,734 shares for $16.5 million. NVIDIA ( NVDA ) was cut by 67,562 shares for $12.3 million, Broadcom ( AVGO ) by 36,696 shares for $10.7 million and Meta Platforms Class A ( META ) by 12,232 shares for $7.4 million. None of the top sells were new positions or full exits.

How does IGM invest?

iShares Expanded Tech Sector ETF ( IGM ) is an Equity Sector Information Tech fund with an asset class of Equity, holding 270 stocks, with 58.5% of assets in its 10 largest holdings. Technology accounts for 83.8% of the stocks that could be classified and Communication Services 15.8%, while Financial Services is 0.2%. Large caps make up 96.9% of the mix, mid caps 2.8% and small caps 0.3%. It has an expense ratio of 0.37%, and its top holdings are Apple at 10.75%, Microsoft at 10.73%, NVIDIA at 7.99%, Broadcom at 6.97% and Meta Platforms Class A at 4.82%. The fund has a GF Score of 90, a P/E of 29.52, a P/B of 9.2, a dividend yield of 0.14% and a year-to-date return of 9.98%.

iShares Expanded Tech Sector ETF ( IGM ) at a glance

See the full iShares Expanded Tech Sector ETF profile , or compare it with similar funds in the ETF Screener . Its biggest sell this time, AAPL, has its own GF Value page and stock summary .