Commonwealth Equity Services LLC Has $30.23 Million Stock Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Commonwealth Equity Services LLC lifted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 296,086 shares of the exchange traded fund’s stock after purchasing an additional 9,049 shares during the quarter. Commonwealth Equity Services LLC owned 0.59% of iShares Expanded Tech Sector ETF worth $30,227,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IGM. Avantax Advisory Services Inc. boosted its stake in iShares Expanded Tech Sector ETF by 28.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 20,356 shares of the exchange traded fund’s stock valued at $2,078,000 after buying an additional 4,468 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in iShares Expanded Tech Sector ETF by 46.5% in the fourth quarter. Farther Finance Advisors LLC now owns 1,889 shares of the exchange traded fund’s stock valued at $193,000 after buying an additional 600 shares in the last quarter. Morling Financial Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at about $30,000. Independent Advisor Alliance boosted its stake in iShares Expanded Tech Sector ETF by 3,103.9% in the fourth quarter. Independent Advisor Alliance now owns 105,954 shares of the exchange traded fund’s stock valued at $10,817,000 after buying an additional 102,647 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its stake in iShares Expanded Tech Sector ETF by 1.4% in the fourth quarter. Sowell Financial Services LLC now owns 27,885 shares of the exchange traded fund’s stock valued at $2,847,000 after buying an additional 398 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 3.0 %

NYSEARCA:IGM opened at $94.39 on Friday. The stock’s 50-day simple moving average is $102.67 and its 200 day simple moving average is $99.98. The firm has a market capitalization of $5.41 billion, a PE ratio of 32.57 and a beta of 1.20. iShares Expanded Tech Sector ETF has a twelve month low of $79.68 and a twelve month high of $108.73.

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).