Financial Engines Advisors L.L.C. Increases Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Financial Engines Advisors L.L.C. lifted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 42.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,998 shares of the exchange traded fund’s stock after acquiring an additional 892 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in iShares Expanded Tech Sector ETF were worth $306,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Journey Beyond Wealth LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $2,382,000. Houlihan Financial Resource Group Ltd. lifted its position in shares of iShares Expanded Tech Sector ETF by 1.1% during the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 18,729 shares of the exchange traded fund’s stock worth $1,912,000 after purchasing an additional 200 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 29.6% in the fourth quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock worth $118,549,000 after purchasing an additional 265,134 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter worth about $31,000. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its stake in iShares Expanded Tech Sector ETF by 84.8% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 121,435 shares of the exchange traded fund’s stock worth $12,397,000 after buying an additional 55,724 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM opened at $90.81 on Friday. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 31.39 and a beta of 1.20. The company has a 50-day moving average of $101.01 and a 200 day moving average of $100.19. 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).