Great Waters Wealth Management Takes Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Great Waters Wealth Management acquired a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,040 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position 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 worth $114,662,000 after acquiring an additional 471,204 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $40,436,000. JPMorgan Chase & Co. boosted its holdings in iShares Expanded Tech Sector ETF by 13.6% in the third 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 in the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in iShares Expanded Tech Sector ETF by 4.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 1,855,115 shares of the exchange traded fund’s stock worth $177,980,000 after purchasing an additional 71,852 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in iShares Expanded Tech Sector ETF during the third quarter worth $6,304,000.

iShares Expanded Tech Sector ETF Price Performance

Shares of NYSEARCA:IGM opened at $103.92 on Tuesday. The stock has a market capitalization of $5.24 billion, a P/E ratio of 7.11 and a beta of 1.53. The business has a 50-day moving average of $102.90 and a two-hundred day moving average of $97.13. iShares Expanded Tech Sector ETF has a fifty-two week low of $75.66 and a fifty-two week high of $107.19.

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).