William John Sempolinski Buys Shares of 18,468 iShares Expanded Tech Sector ETF $IGM

William John Sempolinski purchased a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the second quarter, Holdings Channel reports. The fund purchased 18,468 shares of the exchange traded fund’s stock, valued at approximately $3,021,000. iShares Expanded Tech Sector ETF accounts for approximately 1.2% of William John Sempolinski’s portfolio, making the stock its 18th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Osprey Private Wealth LLC acquired a new position in iShares Expanded Tech Sector ETF during the 4th quarter worth about $530,000. Dynamic Wealth Strategies LLC grew its position in iShares Expanded Tech Sector ETF by 4.5% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 99,109 shares of the exchange traded fund’s stock valued at $12,801,000 after acquiring an additional 4,277 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in iShares Expanded Tech Sector ETF in the 4th quarter valued at about $2,105,000. Houlihan Financial Resource Group Ltd. increased its stake in iShares Expanded Tech Sector ETF by 125.3% during the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 17,402 shares of the exchange traded fund’s stock worth $2,246,000 after purchasing an additional 9,679 shares during the period. Finally, Assetmark Inc. increased its stake in 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.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $161.74 on Friday. The stock has a market capitalization of $10.62 billion, a PE ratio of 34.08 and a beta of 1.40. iShares Expanded Tech Sector ETF has a 1 year low of $112.60 and a 1 year high of $171.48. The company’s 50-day simple moving average is $158.69 and its 200-day simple moving average is $146.74.

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.