WESPAC Advisors LLC Makes New Investment in iShares Expanded Tech Sector ETF $IGM

WESPAC Advisors LLC bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,906 shares of the exchange traded fund’s stock, valued at approximately $1,374,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Signature Estate & Investment Advisors LLC lifted its position in iShares Expanded Tech Sector ETF by 1.7% in the second quarter. Signature Estate & Investment Advisors LLC now owns 1,929,928 shares of the exchange traded fund’s stock valued at $216,808,000 after acquiring an additional 31,940 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of iShares Expanded Tech Sector ETF by 915.2% during the third quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock worth $241,108,000 after purchasing an additional 1,725,741 shares in the last quarter. WestEnd Advisors LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $224,760,000. Bank of Montreal Can boosted its position in shares of iShares Expanded Tech Sector ETF by 32.4% in the 2nd quarter. Bank of Montreal Can now owns 1,529,365 shares of the exchange traded fund’s stock valued at $171,809,000 after purchasing an additional 374,304 shares during the period. Finally, Cerity Partners LLC grew its stake in iShares Expanded Tech Sector ETF by 6.8% during the 3rd quarter. Cerity Partners LLC now owns 969,152 shares of the exchange traded fund’s stock worth $122,065,000 after buying an additional 61,567 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Down 0.0%

IGM opened at $131.90 on Wednesday. iShares Expanded Tech Sector ETF has a 52 week low of $76.26 and a 52 week high of $135.81. The business’s 50 day moving average is $129.70 and its two-hundred day moving average is $124.06. The firm has a market cap of $9.04 billion, a price-to-earnings 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.