Blankinship & Foster LLC Purchases New Shares in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Blankinship & Foster LLC purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,175 shares of the exchange traded fund’s stock, valued at approximately $222,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IGM. Raymond James Financial Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $64,519,000. Bank of Montreal Can boosted its position in shares of iShares Expanded Tech Sector ETF by 64.7% in the 3rd 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. Wellington Management Group LLP acquired a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $40,436,000. SteelPeak Wealth LLC boosted its position in shares of 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 during the period. Finally, Allworth Financial LP lifted its stake in iShares Expanded Tech Sector ETF by 81,664.1% in the 4th quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after acquiring an additional 252,342 shares in the last quarter.

iShares Expanded Tech Sector ETF Trading Up 1.1 %

Shares of iShares Expanded Tech Sector ETF stock opened at $96.47 on Friday. The stock has a 50-day moving average price of $103.66 and a 200 day moving average price of $99.96. The company has a market cap of $5.53 billion, a P/E ratio of 32.57 and a beta of 1.20. iShares Expanded Tech Sector ETF has a 1 year low of $79.68 and a 1 year high of $108.73.

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).