Fiducient Advisors LLC Invests $1.52 Million in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Fiducient Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,080 shares of the exchange traded fund’s stock, valued at approximately $1,517,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mather Group LLC. acquired a new stake in iShares Expanded Tech Sector ETF during the second quarter worth approximately $31,000. Pittenger & Anderson Inc. raised its stake in iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 325 shares in the last quarter. Fortis Group Advisors LLC raised its stake in iShares Expanded Tech Sector ETF by 200.0% during the 1st quarter. Fortis Group Advisors LLC now owns 402 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 268 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares Expanded Tech Sector ETF by 237.0% in the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 301 shares during the last quarter. Finally, Family Asset Management LLC acquired a new position in iShares Expanded Tech Sector ETF in the second quarter valued at $37,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $86.96 on Friday. The stock’s 50-day moving average is $92.28 and its two-hundred day moving average is $88.82. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $98.70. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.

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).