Sanctuary Advisors LLC raised its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 9.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 105,011 shares of the exchange traded fund’s stock after buying an additional 9,169 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $12,445,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Tucker Asset Management LLC purchased a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth $28,000. FAS Wealth Partners Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the 2nd quarter valued at about $28,000. Atlantic Union Bankshares Corp grew its holdings in shares of iShares Expanded Tech Sector ETF by 153.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 144 shares during the period. Cary Street Partners Financial LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $37,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Expanded Tech Sector ETF in the third quarter valued at about $38,000.
iShares Expanded Tech Sector ETF Trading Down 2.5%
iShares Expanded Tech Sector ETF stock opened at $155.33 on Friday. The company has a 50-day moving average price of $159.31 and a 200 day moving average price of $139.39. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $171.48. The stock has a market cap of $10.17 billion, a P/E ratio of 34.08 and a beta of 1.39.
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.
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