708,110 Shares in iShares Expanded Tech Sector ETF $IGM Bought by WestEnd Advisors LLC

WestEnd Advisors LLC purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 708,110 shares of the exchange traded fund’s stock, valued at approximately $119,706,000. iShares Expanded Tech Sector ETF accounts for approximately 2.6% of WestEnd Advisors LLC’s portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Seven Bridges Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the third quarter valued at $25,928,000. White Lighthouse Investment Management Inc. lifted its holdings in shares of iShares Expanded Tech Sector ETF by 2.9% during the third quarter. White Lighthouse Investment Management Inc. now owns 132,563 shares of the exchange traded fund’s stock worth $22,408,000 after purchasing an additional 3,739 shares during the period. Assetmark Inc. lifted its holdings in shares of iShares Expanded Tech Sector ETF by 16.9% during the first quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock worth $14,601,000 after purchasing an additional 17,786 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of iShares Expanded Tech Sector ETF by 9.6% during the first quarter. Sanctuary Advisors LLC now owns 105,011 shares of the exchange traded fund’s stock worth $12,445,000 after purchasing an additional 9,169 shares during the period. Finally, Decker Wealth Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the first quarter worth $12,310,000.

iShares Expanded Tech Sector ETF Stock Up 1.6%

Shares of iShares Expanded Tech Sector ETF stock opened at $161.86 on Wednesday. iShares Expanded Tech Sector ETF has a twelve month low of $112.60 and a twelve month high of $175.16. The stock has a market cap of $10.98 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. The company’s fifty day moving average is $163.93 and its 200 day moving average is $147.83.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.