iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Shares Bought by Tandem Capital Management Corp ADV

Tandem Capital Management Corp ADV lifted its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 28.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,220 shares of the exchange traded fund’s stock after purchasing an additional 1,620 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in iShares Expanded Tech Sector ETF were worth $737,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in IGM. Signature Estate & Investment Advisors LLC boosted its position in iShares Expanded Tech Sector ETF by 4.0% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,855,115 shares of the exchange traded fund’s stock valued at $177,980,000 after buying an additional 71,852 shares during the period. Bank of Montreal Can boosted its holdings in iShares Expanded Tech Sector ETF by 64.7% in the third quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock valued at $114,662,000 after purchasing an additional 471,204 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Expanded Tech Sector ETF by 13.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after purchasing an additional 88,089 shares during the period. Wellington Management Group LLP purchased a new stake in iShares Expanded Tech Sector ETF during the 3rd quarter worth about $40,436,000. Finally, SteelPeak Wealth LLC raised its position in iShares Expanded Tech Sector ETF by 3,895.6% in the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock valued at $38,710,000 after purchasing an additional 369,690 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $103.99 on Tuesday. The company’s 50 day moving average price is $103.80 and its 200 day moving average price is $97.70. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.47 and a fifty-two week high of $107.87.

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).