GRIMES & Co WEALTH MANAGEMENT LLC Makes New $2.11 Million Investment in iShares Expanded Tech Sector ETF $IGM

GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,295 shares of the exchange traded fund’s stock, valued at approximately $2,105,000.

A number of other institutional investors also recently modified their holdings of the stock. FAS Wealth Partners Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF in the second quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth $38,000. Avion Wealth boosted its position in iShares Expanded Tech Sector ETF by 47.6% in the 3rd quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 100 shares during the last quarter. Root Financial Partners LLC bought a new position in iShares Expanded Tech Sector ETF in the 3rd quarter valued at $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $45,000.

iShares Expanded Tech Sector ETF Stock Up 2.6%

IGM stock opened at $154.38 on Friday. The company has a market cap of $10.30 billion, a P/E ratio of 34.08 and a beta of 1.36. iShares Expanded Tech Sector ETF has a twelve month low of $95.62 and a twelve month high of $154.42. The business has a fifty day moving average of $128.85 and a 200-day moving average of $129.08.

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.