Integrated Wealth Concepts LLC Increases Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Integrated Wealth Concepts LLC lifted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 22.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,531 shares of the exchange traded fund’s stock after purchasing an additional 1,021 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Expanded Tech Sector ETF were worth $531,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in iShares Expanded Tech Sector ETF by 5.8% during the second quarter. Bank of New York Mellon Corp now owns 45,979 shares of the exchange traded fund’s stock valued at $4,336,000 after acquiring an additional 2,525 shares in the last quarter. Fifth Third Bancorp raised its position in iShares Expanded Tech Sector ETF by 23.9% during the second quarter. Fifth Third Bancorp now owns 6,187 shares of the exchange traded fund’s stock valued at $583,000 after acquiring an additional 1,195 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares Expanded Tech Sector ETF by 20.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 22,717 shares of the exchange traded fund’s stock valued at $2,142,000 after acquiring an additional 3,810 shares in the last quarter. Rosenberg Matthew Hamilton purchased a new position in iShares Expanded Tech Sector ETF during the second quarter valued at approximately $163,000. Finally, Adero Partners LLC purchased a new position in iShares Expanded Tech Sector ETF during the second quarter valued at approximately $226,000.

iShares Expanded Tech Sector ETF Trading Down 0.8 %

Shares of IGM stock opened at $103.61 on Wednesday. The stock has a 50 day moving average of $99.34 and a 200 day moving average of $94.77. The stock has a market cap of $5.22 billion, a P/E ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a twelve month low of $71.12 and a twelve month high of $105.65.

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).