White Lighthouse Investment Management Inc. Boosts Stock Position in iShares Expanded Tech Sector ETF $IGM

White Lighthouse Investment Management Inc. raised its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 10.9% in the fourth quarter, HoldingsChannel reports. The firm owned 113,956 shares of the exchange traded fund’s stock after acquiring an additional 11,221 shares during the period. iShares Expanded Tech Sector ETF comprises about 2.0% of White Lighthouse Investment Management Inc.’s investment portfolio, making the stock its 12th largest holding. White Lighthouse Investment Management Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $14,719,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. United Community Bank raised its position in shares of iShares Expanded Tech Sector ETF by 10.7% in the 4th quarter. United Community Bank now owns 797 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 77 shares in the last quarter. Y.D. More Investments Ltd raised its position in shares of iShares Expanded Tech Sector ETF by 17.6% in the 4th quarter. Y.D. More Investments Ltd now owns 529 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 79 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in shares of iShares Expanded Tech Sector ETF by 8.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,157 shares of the exchange traded fund’s stock worth $146,000 after acquiring an additional 89 shares in the last quarter. Fifth Third Bancorp raised its position in shares of iShares Expanded Tech Sector ETF by 1.6% in the 3rd quarter. Fifth Third Bancorp now owns 6,161 shares of the exchange traded fund’s stock worth $776,000 after acquiring an additional 100 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of iShares Expanded Tech Sector ETF by 1.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 8,624 shares of the exchange traded fund’s stock worth $1,114,000 after acquiring an additional 105 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM stock opened at $157.19 on Friday. iShares Expanded Tech Sector ETF has a 1-year low of $100.00 and a 1-year high of $158.19. The stock’s fifty day moving average price is $135.40 and its 200 day moving average price is $130.85. The company has a market cap of $10.49 billion, a price-to-earnings ratio of 34.08 and a beta of 1.36.

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.