Apollon Wealth Management LLC boosted its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) by 4,166.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 103,367 shares of the exchange traded fund’s stock after buying an additional 100,944 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $10,553,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of IGM. Private Wealth Management Group LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $36,000. AdvisorNet Financial Inc grew its position in iShares Expanded Tech Sector ETF by 796.7% in the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 478 shares during the last quarter. Assetmark Inc. acquired a new position in iShares Expanded Tech Sector ETF during the third quarter worth about $63,000. CENTRAL TRUST Co acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at approximately $83,000. Finally, Synergy Asset Management LLC acquired a new position in iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $89,000.
iShares Expanded Tech Sector ETF Stock Down 0.9 %
NYSEARCA IGM opened at $105.36 on Friday. iShares Expanded Tech Sector ETF has a twelve month low of $79.47 and a twelve month high of $107.87. The business’s fifty day moving average is $104.17 and its 200 day moving average is $97.99. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.
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).
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