20,305 Shares in iShares Expanded Tech Sector ETF $IGM Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,305 shares of the exchange traded fund’s stock, valued at approximately $3,432,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 18.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 59,498 shares of the exchange traded fund’s stock valued at $9,733,000 after purchasing an additional 9,335 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in iShares Expanded Tech Sector ETF in the third quarter valued at $2,606,000. Assetmark Inc. lifted its holdings in iShares Expanded Tech Sector ETF by 16.9% in the first quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock valued at $14,601,000 after buying an additional 17,786 shares during the period. Ayalon Insurance Comp Ltd. bought a new stake in iShares Expanded Tech Sector ETF during the third quarter valued at $1,999,000. Finally, White Lighthouse Investment Management Inc. boosted its position in 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 valued at $22,408,000 after acquiring an additional 3,739 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Down 1.9%

iShares Expanded Tech Sector ETF stock traded down $2.82 during trading hours on Friday, reaching $148.33. 584,383 shares of the company’s stock were exchanged, compared to its average volume of 575,061. The firm’s 50 day simple moving average is $161.52 and its 200 day simple moving average is $149.12. iShares Expanded Tech Sector ETF has a twelve month low of $112.60 and a twelve month high of $175.16. The firm has a market capitalization of $10.05 billion, a PE ratio of 26.01 and a beta of 1.43.

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.