Scotia Capital Inc. Grows Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Scotia Capital Inc. increased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 66,913 shares of the exchange traded fund’s stock after buying an additional 2,958 shares during the quarter. Scotia Capital Inc. owned about 0.13% of iShares Expanded Tech Sector ETF worth $6,832,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IGM. Advisory Services Network LLC grew its stake in shares of iShares Expanded Tech Sector ETF by 39.2% in the fourth quarter. Advisory Services Network LLC now owns 50,970 shares of the exchange traded fund’s stock valued at $5,204,000 after buying an additional 14,346 shares in the last quarter. Renaissance Technologies LLC grew its position in iShares Expanded Tech Sector ETF by 495.5% in the 4th quarter. Renaissance Technologies LLC now owns 13,100 shares of the exchange traded fund’s stock valued at $1,337,000 after acquiring an additional 10,900 shares in the last quarter. Thoroughbred Financial Services LLC purchased a new stake in iShares Expanded Tech Sector ETF during the fourth quarter worth about $200,000. Guidance Point Advisors LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 43.3% during the fourth quarter. Guidance Point Advisors LLC now owns 3,826 shares of the exchange traded fund’s stock worth $391,000 after purchasing an additional 1,156 shares in the last quarter. Finally, Milestone Investment Advisors LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 8.9% during the fourth quarter. Milestone Investment Advisors LLC now owns 36,402 shares of the exchange traded fund’s stock worth $3,716,000 after purchasing an additional 2,974 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA:IGM opened at $87.30 on Friday. The business’s fifty day moving average price is $96.48 and its 200 day moving average price is $99.64. The firm has a market capitalization of $5.03 billion, a PE ratio of 26.51 and a beta of 1.26. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $108.73.

iShares Expanded Tech Sector ETF Company 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).