Harrell Investment Partners LLC Makes New $2.19 Million Investment in iShares Expanded Tech Sector ETF $IGM

Harrell Investment Partners LLC purchased a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,369 shares of the exchange traded fund’s stock, valued at approximately $2,188,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC purchased a new stake in iShares Expanded Tech Sector ETF in the 3rd quarter worth about $224,760,000. Blair William & Co. IL grew its position in iShares Expanded Tech Sector ETF by 117.7% in the 2nd quarter. Blair William & Co. IL now owns 5,387 shares of the exchange traded fund’s stock valued at $605,000 after acquiring an additional 2,913 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of iShares Expanded Tech Sector ETF during the second quarter valued at $2,642,000. Harbour Investments Inc. grew its stake in iShares Expanded Tech Sector ETF by 4.5% in the 2nd quarter. Harbour Investments Inc. now owns 5,245 shares of the exchange traded fund’s stock worth $589,000 after acquiring an additional 227 shares in the last quarter. Finally, MA Private Wealth bought a new position in iShares Expanded Tech Sector ETF in the second quarter worth approximately $223,000.

iShares Expanded Tech Sector ETF Trading Down 1.3%

IGM opened at $129.66 on Friday. The business’s fifty day simple moving average is $129.77 and its 200-day simple moving average is $123.40. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27.

iShares Expanded Tech Sector 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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.