Janney Montgomery Scott LLC Boosts Stock Holdings in iShares Expanded Tech Sector ETF $IGM

Janney Montgomery Scott LLC boosted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 915.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,914,312 shares of the exchange traded fund’s stock after purchasing an additional 1,725,741 shares during the period. Janney Montgomery Scott LLC owned about 2.60% of iShares Expanded Tech Sector ETF worth $241,108,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Southland Equity Partners LLC grew its position in shares of iShares Expanded Tech Sector ETF by 1.9% during the 3rd quarter. Southland Equity Partners LLC now owns 4,735 shares of the exchange traded fund’s stock valued at $596,000 after acquiring an additional 88 shares during the period. Arkadios Wealth Advisors lifted its stake in iShares Expanded Tech Sector ETF by 1.4% in the second quarter. Arkadios Wealth Advisors now owns 7,076 shares of the exchange traded fund’s stock valued at $795,000 after purchasing an additional 95 shares during the last quarter. Avion Wealth lifted its stake in iShares Expanded Tech Sector ETF by 47.6% in the third quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 100 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in iShares Expanded Tech Sector ETF by 3.7% during the second quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock valued at $367,000 after purchasing an additional 118 shares during the period. Finally, Private Wealth Management Group LLC grew its holdings in iShares Expanded Tech Sector ETF by 27.6% during the third quarter. Private Wealth Management Group LLC now owns 652 shares of the exchange traded fund’s stock valued at $82,000 after purchasing an additional 141 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM opened at $131.15 on Monday. iShares Expanded Tech Sector ETF has a 1 year low of $76.26 and a 1 year high of $135.81. The stock’s fifty day moving average price is $129.71 and its two-hundred day moving average price is $123.77. The firm has a market cap of $8.98 billion, a PE ratio of 34.08 and a beta of 1.27.

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.