Ayalon Insurance Comp Ltd. Increases Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Ayalon Insurance Comp Ltd. boosted its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 500.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,826 shares of the exchange traded fund’s stock after acquiring an additional 9,855 shares during the period. Ayalon Insurance Comp Ltd. owned about 0.15% of iShares Expanded Tech Sector ETF worth $1,019,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fortis Group Advisors LLC purchased a new position in iShares Expanded Tech Sector ETF during the third quarter worth about $26,000. Anchor Investment Management LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at approximately $29,000. Northwest Financial Advisors purchased a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $40,000. Montag A & Associates Inc. grew its holdings in shares of iShares Expanded Tech Sector ETF by 12.8% in the 4th quarter. Montag A & Associates Inc. now owns 211 shares of the exchange traded fund’s stock worth $95,000 after acquiring an additional 24 shares during the period. Finally, Garde Capital Inc. purchased a new position in iShares Expanded Tech Sector ETF in the 4th quarter valued at approximately $105,000.

iShares Expanded Tech Sector ETF Price Performance

IGM traded up $0.04 during trading on Wednesday, reaching $94.12. 192,240 shares of the stock were exchanged, compared to its average volume of 289,086. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $95.97. The business’s 50 day moving average price is $87.81 and its two-hundred day moving average price is $83.20.

About iShares Expanded Tech Sector ETF

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).