Independent Financial Group LLC Invests $452,000 in iShares Expanded Tech Sector ETF $IGM

Independent Financial Group LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 3,810 shares of the exchange traded fund’s stock, valued at approximately $452,000.

Other large investors have also made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $28,000. FAS Wealth Partners Inc. bought a new stake in iShares Expanded Tech Sector ETF in the second quarter worth approximately $28,000. Atlantic Union Bankshares Corp increased its stake in shares of iShares Expanded Tech Sector ETF by 153.2% during the 4th quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 144 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at $37,000. Finally, Clearstead Trust LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at $39,000.

iShares Expanded Tech Sector ETF Trading Down 1.6%

IGM stock opened at $154.10 on Friday. The firm has a market cap of $10.09 billion, a PE ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 1 year low of $112.60 and a 1 year high of $171.48. The company has a fifty day simple moving average of $159.33 and a 200 day simple moving average of $140.28.

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.