Osprey Private Wealth LLC Takes Position in iShares Expanded Tech Sector ETF $IGM

Osprey Private Wealth LLC bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,102 shares of the exchange traded fund’s stock, valued at approximately $530,000.

Several other institutional investors also recently bought and sold shares of the stock. AQR Capital Management LLC bought a new stake in iShares Expanded Tech Sector ETF in the first quarter valued at approximately $274,000. Goldman Sachs Group Inc. increased its stake in shares of iShares Expanded Tech Sector ETF by 6.1% in the first quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock worth $16,239,000 after buying an additional 10,218 shares during the period. First Trust Advisors LP raised its holdings in iShares Expanded Tech Sector ETF by 13.1% during the 2nd quarter. First Trust Advisors LP now owns 58,839 shares of the exchange traded fund’s stock valued at $6,610,000 after buying an additional 6,811 shares during the last quarter. Marshall Wace LLP purchased a new stake in iShares Expanded Tech Sector ETF during the 2nd quarter valued at $3,083,000. Finally, Qube Research & Technologies Ltd grew its holdings in iShares Expanded Tech Sector ETF by 3.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock worth $367,000 after acquiring an additional 118 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Up 2.6%

IGM stock opened at $154.38 on Friday. The stock has a market capitalization of $10.30 billion, a price-to-earnings ratio of 34.08 and a beta of 1.36. The firm’s 50-day moving average price is $128.85 and its two-hundred day moving average price is $129.08. iShares Expanded Tech Sector ETF has a 12-month low of $95.62 and a 12-month high of $154.42.

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.