GM Advisory Group LLC Has $10.10 Million Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

GM Advisory Group LLC lowered its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 98,900 shares of the exchange traded fund’s stock after selling 472 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Expanded Tech Sector ETF were worth $10,097,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IGM. OVERSEA CHINESE BANKING Corp Ltd increased its position in iShares Expanded Tech Sector ETF by 84.8% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 121,435 shares of the exchange traded fund’s stock valued at $12,397,000 after purchasing an additional 55,724 shares during the period. TCTC Holdings LLC acquired a new stake in iShares Expanded Tech Sector ETF during the 4th quarter valued at approximately $126,000. Harbour Investments Inc. increased its position in iShares Expanded Tech Sector ETF by 8.5% during the 4th quarter. Harbour Investments Inc. now owns 1,851 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 145 shares during the period. Commonwealth Equity Services LLC increased its position in iShares Expanded Tech Sector ETF by 3.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 296,086 shares of the exchange traded fund’s stock valued at $30,227,000 after purchasing an additional 9,049 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in iShares Expanded Tech Sector ETF by 28.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 20,356 shares of the exchange traded fund’s stock valued at $2,078,000 after purchasing an additional 4,468 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $93.24 on Wednesday. The company has a market capitalization of $5.34 billion, a PE ratio of 32.57 and a beta of 1.20. The company has a 50 day simple moving average of $102.26 and a two-hundred day simple moving average of $100.05. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.68 and a fifty-two week 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).