iShares Expanded Tech Sector ETF $IGM Stock Position Raised by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 86.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,476 shares of the exchange traded fund’s stock after acquiring an additional 32,149 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $8,750,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in iShares Expanded Tech Sector ETF by 843.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock worth $423,661,000 after purchasing an additional 3,007,140 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of iShares Expanded Tech Sector ETF by 1,165.7% in the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after buying an additional 1,856,762 shares during the period. WestEnd Advisors LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth approximately $224,760,000. Janney Montgomery Scott LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 915.2% during the third quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock valued at $241,108,000 after acquiring an additional 1,725,741 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of iShares Expanded Tech Sector ETF by 32.4% during the second quarter. Bank of Montreal Can now owns 1,529,365 shares of the exchange traded fund’s stock valued at $171,809,000 after acquiring an additional 374,304 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

iShares Expanded Tech Sector ETF stock opened at $125.29 on Friday. iShares Expanded Tech Sector ETF has a 52 week low of $76.26 and a 52 week high of $135.81. The firm has a market capitalization of $8.63 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27. The company has a 50 day moving average price of $128.61 and a 200 day moving average price of $126.65.

iShares Expanded Tech Sector 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). 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.