iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Stock Position Increased by Sowell Financial Services LLC

Sowell Financial Services LLC boosted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,885 shares of the exchange traded fund’s stock after purchasing an additional 398 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Expanded Tech Sector ETF were worth $2,847,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IGM. Raymond James Financial Inc. bought a new stake in iShares Expanded Tech Sector ETF in the 4th quarter valued at about $64,519,000. 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 buying an additional 471,204 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth about $40,436,000. SteelPeak Wealth LLC raised its position in shares of iShares Expanded Tech Sector ETF by 3,895.6% during the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after buying an additional 369,690 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of iShares Expanded Tech Sector ETF by 81,664.1% during the 4th quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after buying an additional 252,342 shares in the last quarter.

iShares Expanded Tech Sector ETF Trading Up 1.1 %

IGM stock opened at $96.47 on Monday. iShares Expanded Tech Sector ETF has a 52 week low of $79.68 and a 52 week high of $108.73. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 32.57 and a beta of 1.20. The firm’s 50-day moving average is $103.66 and its two-hundred day moving average is $100.04.

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).