Midland Wealth Advisors LLC Has $6.70 Million Holdings in iShares Expanded Tech Sector ETF $IGM

Midland Wealth Advisors LLC lifted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 13.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,174 shares of the exchange traded fund’s stock after acquiring an additional 6,103 shares during the quarter. iShares Expanded Tech Sector ETF comprises approximately 0.4% of Midland Wealth Advisors LLC’s holdings, making the stock its 24th largest position. Midland Wealth Advisors LLC owned about 0.07% of iShares Expanded Tech Sector ETF worth $6,697,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WestEnd Advisors LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $224,760,000. Assetmark Inc. increased its holdings in iShares Expanded Tech Sector ETF by 22,603.5% during the 3rd quarter. Assetmark Inc. now owns 195,477 shares of the exchange traded fund’s stock valued at $24,620,000 after purchasing an additional 194,616 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in iShares Expanded Tech Sector ETF during the 2nd quarter worth about $2,642,000. First Horizon Corp bought a new stake in shares of iShares Expanded Tech Sector ETF during the third quarter valued at approximately $596,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $814,000.

iShares Expanded Tech Sector ETF Trading Down 0.4%

Shares of NYSEARCA:IGM opened at $124.33 on Friday. The business has a 50-day moving average price of $128.69 and a two-hundred day moving average price of $126.50. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $135.81. The stock has a market capitalization of $8.57 billion, a P/E 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.