Raymond James Financial Inc. Purchases Shares of 631,982 iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Raymond James Financial Inc. purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 631,982 shares of the exchange traded fund’s stock, valued at approximately $64,519,000. Raymond James Financial Inc. owned approximately 1.25% of iShares Expanded Tech Sector ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Wealth Management Group LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at about $36,000. Transcendent Capital Group LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $42,000. AdvisorNet Financial Inc increased its position in shares of iShares Expanded Tech Sector ETF by 796.7% during the 4th quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 478 shares during the last quarter. TruNorth Capital Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $58,000. Finally, Assetmark Inc. bought a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $63,000.

iShares Expanded Tech Sector ETF Trading Down 4.5 %

Shares of iShares Expanded Tech Sector ETF stock opened at $92.15 on Tuesday. The firm has a market capitalization of $5.28 billion, a PE ratio of 32.57 and a beta of 1.20. The business’s 50-day moving average price is $103.44 and its 200-day moving average price is $100.04. iShares Expanded Tech Sector ETF has a 12 month low of $79.68 and a 12 month high of $108.73.

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).