Westwind Capital Invests $1.10 Million in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Westwind Capital acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,776 shares of the exchange traded fund’s stock, valued at approximately $1,100,000. iShares Expanded Tech Sector ETF makes up 0.2% of Westwind Capital’s investment portfolio, making the stock its 28th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can raised its position in shares of iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after purchasing an additional 471,204 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth $40,436,000. LPL Financial LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 17.7% in the second quarter. LPL Financial LLC now owns 868,769 shares of the exchange traded fund’s stock valued at $81,934,000 after acquiring an additional 130,619 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Expanded Tech Sector ETF by 13.6% during the third quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock valued at $70,551,000 after acquiring an additional 88,089 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in iShares Expanded Tech Sector ETF during the 2nd quarter worth about $7,649,000.

iShares Expanded Tech Sector ETF Trading Down 2.1 %

Shares of NYSEARCA IGM traded down $2.24 during midday trading on Tuesday, reaching $103.37. 184,936 shares of the stock were exchanged, compared to its average volume of 200,659. The company has a market capitalization of $5.21 billion, a P/E ratio of 7.11 and a beta of 1.53. The stock has a 50 day moving average price of $102.20 and a 200-day moving average price of $96.63. iShares Expanded Tech Sector ETF has a 52-week low of $72.01 and a 52-week high of $107.19.

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).