iShares Expanded Tech Sector ETF $IGM Shares Newly Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 480,538 shares of the exchange traded fund’s stock, valued at approximately $81,230,000.

Several other large investors have also recently bought and sold shares of the stock. Portfolio Resources Advisor Group Inc. grew its position in shares of iShares Expanded Tech Sector ETF by 6.3% in the 3rd quarter. Portfolio Resources Advisor Group Inc. now owns 1,332 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 79 shares during the period. Strait & Sound Wealth Management LLC raised its position in shares of iShares Expanded Tech Sector ETF by 1.3% in the first quarter. Strait & Sound Wealth Management LLC now owns 6,657 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 88 shares in the last quarter. Waverly Advisors LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 1.1% during the 1st quarter. Waverly Advisors LLC now owns 9,216 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 98 shares in the last quarter. World Investment Advisors grew its stake in iShares Expanded Tech Sector ETF by 2.3% during the first quarter. World Investment Advisors now owns 4,684 shares of the exchange traded fund’s stock worth $555,000 after buying an additional 106 shares in the last quarter. Finally, CX Institutional boosted its holdings in shares of iShares Expanded Tech Sector ETF by 6.2% in the 3rd quarter. CX Institutional now owns 1,866 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 109 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM stock traded up $2.24 on Friday, hitting $141.90. 1,085,567 shares of the company’s stock were exchanged, compared to its average volume of 576,072. The stock has a market cap of $9.75 billion, a P/E ratio of 34.08 and a beta of 1.42. The company has a 50 day moving average of $162.62 and a 200 day moving average of $148.65. iShares Expanded Tech Sector ETF has a 12 month low of $112.60 and a 12 month high of $175.16.

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.