26,933 Shares of iShares Expanded Tech Sector ETF $IGM Bought by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the third quarter, HoldingsChannel reports. The institutional investor bought 26,933 shares of the exchange traded fund’s stock, valued at approximately $4,553,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of IGM. Seven Bridges Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $25,928,000. Decker Wealth Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 1st quarter worth approximately $12,310,000. Meridian Investment Counsel Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth approximately $5,943,000. Avior Wealth Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 2nd quarter worth approximately $5,548,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth approximately $4,057,000.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA IGM opened at $162.67 on Thursday. iShares Expanded Tech Sector ETF has a 12 month low of $112.60 and a 12 month high of $175.16. The company has a market capitalization of $11.05 billion, a P/E ratio of 34.08 and a beta of 1.39. The company’s 50 day simple moving average is $164.35 and its 200 day simple moving average is $157.03.

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.