iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Shares Bought by Manchester Capital Management LLC

Manchester Capital Management LLC lifted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 500.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,248 shares of the exchange traded fund’s stock after acquiring an additional 3,540 shares during the quarter. Manchester Capital Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $366,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gray Foundation boosted its stake in shares of iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Gray Foundation now owns 522,084 shares of the exchange traded fund’s stock worth $44,993,000 after acquiring an additional 435,070 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares Expanded Tech Sector ETF by 572.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,000 shares of the exchange traded fund’s stock valued at $28,008,000 after purchasing an additional 276,700 shares in the last quarter. International Assets Investment Management LLC acquired a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth $110,310,000. Raymond James & Associates increased its position in shares of iShares Expanded Tech Sector ETF by 376.6% during the 1st quarter. Raymond James & Associates now owns 306,070 shares of the exchange traded fund’s stock worth $26,377,000 after purchasing an additional 241,854 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of iShares Expanded Tech Sector ETF by 510.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 271,599 shares of the exchange traded fund’s stock worth $23,406,000 after acquiring an additional 227,116 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 1.1 %

NYSEARCA:IGM traded up $1.07 during mid-day trading on Friday, reaching $97.50. 79,987 shares of the company were exchanged, compared to its average volume of 288,473. iShares Expanded Tech Sector ETF has a 12 month low of $60.65 and a 12 month high of $98.70. The company has a fifty day moving average of $91.20 and a 200 day moving average of $84.96. The stock has a market cap of $4.91 billion, a PE ratio of 7.11 and a beta of 1.53.

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).