MA Private Wealth Purchases New Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

MA Private Wealth purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,201 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Signature Estate & Investment Advisors LLC raised its stake in iShares Expanded Tech Sector ETF by 445.7% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,009,071 shares of the exchange traded fund’s stock worth $86,962,000 after acquiring an additional 824,164 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in iShares Expanded Tech Sector ETF by 572.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,000 shares of the exchange traded fund’s stock worth $28,008,000 after acquiring an additional 276,700 shares during the period. GM Advisory Group LLC increased its holdings in iShares Expanded Tech Sector ETF by 537.6% in the first quarter. GM Advisory Group LLC now owns 287,719 shares of the exchange traded fund’s stock valued at $24,796,000 after purchasing an additional 242,597 shares during the last quarter. Stuart Chaussee & Associates Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 489.1% in the 1st quarter. Stuart Chaussee & Associates Inc. now owns 236,766 shares of the exchange traded fund’s stock valued at $20,404,000 after acquiring an additional 196,572 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in iShares Expanded Tech Sector ETF by 406.9% in the first quarter. Janney Montgomery Scott LLC now owns 204,773 shares of the exchange traded fund’s stock valued at $17,647,000 after purchasing an additional 164,378 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 1.3 %

iShares Expanded Tech Sector ETF stock traded up $1.23 during mid-day trading on Friday, hitting $98.32. 13,498 shares of the company’s stock were exchanged, compared to its average volume of 290,564. The firm has a market capitalization of $4.96 billion, a P/E ratio of 7.11 and a beta of 1.53. The company’s 50 day simple moving average is $94.15 and its 200-day simple moving average is $91.09. iShares Expanded Tech Sector ETF has a fifty-two week low of $60.65 and a fifty-two week high of $99.52.

iShares Expanded Tech Sector ETF Company 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).