Biondo Investment Advisors LLC Has $652,000 Stock Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Biondo Investment Advisors LLC boosted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,390 shares of the exchange traded fund’s stock after purchasing an additional 825 shares during the period. Biondo Investment Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $652,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $64,519,000. Wellington Management Group LLP acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $40,436,000. SteelPeak Wealth LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 3,895.6% during the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after buying an additional 369,690 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Expanded Tech Sector ETF by 29.6% during the 4th quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock worth $118,549,000 after buying an additional 265,134 shares during the period. Finally, Allworth Financial LP grew 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 valued at $27,046,000 after buying an additional 252,342 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Down 3.0 %

iShares Expanded Tech Sector ETF stock opened at $90.81 on Friday. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 31.39 and a beta of 1.20. The stock’s 50 day moving average is $101.01 and its 200-day moving average is $100.19. iShares Expanded Tech Sector ETF has a 12 month low of $79.68 and a 12 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).