Park Avenue Securities LLC bought a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,488 shares of the exchange traded fund’s stock, valued at approximately $3,632,000.
Several other institutional investors have also added to or reduced their stakes in the company. Seven Bridges Advisors LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the third quarter worth about $25,928,000. White Lighthouse Investment Management Inc. grew its position in shares of iShares Expanded Tech Sector ETF by 2.9% in the 3rd quarter. White Lighthouse Investment Management Inc. now owns 132,563 shares of the exchange traded fund’s stock worth $22,408,000 after buying an additional 3,739 shares during the period. Assetmark Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 16.9% during the first quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock valued at $14,601,000 after purchasing an additional 17,786 shares in the last quarter. Sanctuary Advisors LLC increased its position in iShares Expanded Tech Sector ETF by 9.6% during the 1st quarter. Sanctuary Advisors LLC now owns 105,011 shares of the exchange traded fund’s stock valued at $12,445,000 after buying an additional 9,169 shares in the last quarter. Finally, Decker Wealth Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the first quarter valued at $12,310,000.
iShares Expanded Tech Sector ETF Trading Down 2.2%
IGM stock opened at $159.89 on Friday. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $175.16. The stock’s 50 day simple moving average is $164.01 and its 200 day simple moving average is $148.14. The stock has a market capitalization of $10.90 billion, a PE ratio of 34.08 and a beta of 1.39.
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.
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