Advisory Services Network LLC Raises Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Advisory Services Network LLC lifted its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 39.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,970 shares of the exchange traded fund’s stock after buying an additional 14,346 shares during the period. Advisory Services Network LLC owned approximately 0.10% of iShares Expanded Tech Sector ETF worth $5,204,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in iShares Expanded Tech Sector ETF in the 4th quarter valued at $64,519,000. Wellington Management Group LLP bought a new position in shares of iShares Expanded Tech Sector ETF during the third quarter worth about $40,436,000. SteelPeak Wealth LLC lifted its holdings in iShares Expanded Tech Sector ETF by 3,895.6% in the fourth quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after acquiring an additional 369,690 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares Expanded Tech Sector ETF by 29.6% in the fourth quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock worth $118,549,000 after acquiring an additional 265,134 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in iShares Expanded Tech Sector ETF by 81,664.1% in the fourth quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after acquiring an additional 252,342 shares during the last quarter.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA IGM opened at $90.30 on Thursday. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $108.73. The firm has a market capitalization of $5.20 billion, a PE ratio of 26.51 and a beta of 1.26. The company’s 50 day simple moving average is $97.21 and its 200 day simple moving average is $99.76.

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).