Legacy Edge Advisors LLC Acquires Shares of 11,924 iShares Expanded Tech Sector ETF $IGM

Legacy Edge Advisors LLC purchased a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,924 shares of the exchange traded fund’s stock, valued at approximately $1,540,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of iShares Expanded Tech Sector ETF by 843.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock worth $423,661,000 after purchasing an additional 3,007,140 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Expanded Tech Sector ETF by 101.6% in the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock worth $665,119,000 after purchasing an additional 2,660,957 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Expanded Tech Sector ETF by 393.9% in the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock worth $362,632,000 after purchasing an additional 2,296,259 shares during the last quarter. Truist Financial Corp increased its position in shares of iShares Expanded Tech Sector ETF by 1,165.7% in the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after purchasing an additional 1,856,762 shares during the last quarter. Finally, WestEnd Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth approximately $224,760,000.

iShares Expanded Tech Sector ETF Trading Up 1.4%

IGM stock opened at $144.96 on Friday. The company’s 50 day moving average is $127.32 and its 200 day moving average is $128.60. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 34.08 and a beta of 1.31. iShares Expanded Tech Sector ETF has a 1-year low of $93.79 and a 1-year high of $145.22.

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). 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.