Victory Capital Management Inc. Acquires Shares of 622,314 iShares Expanded Tech Sector ETF $IGM

Victory Capital Management Inc. bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 622,314 shares of the exchange traded fund’s stock, valued at approximately $78,380,000.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Expanded Tech Sector ETF by 843.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock valued at $423,661,000 after buying an additional 3,007,140 shares during the period. Truist Financial Corp raised its position in iShares Expanded Tech Sector ETF by 1,165.7% in the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after acquiring an additional 1,856,762 shares in the last quarter. WestEnd Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF in the third quarter valued at $224,760,000. Janney Montgomery Scott LLC lifted its holdings in iShares Expanded Tech Sector ETF by 915.2% in the third quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock valued at $241,108,000 after acquiring an additional 1,725,741 shares during the period. Finally, PGIM Custom Harvest LLC boosted its position in shares of iShares Expanded Tech Sector ETF by 570.1% during the 2nd quarter. PGIM Custom Harvest LLC now owns 378,734 shares of the exchange traded fund’s stock worth $42,547,000 after purchasing an additional 322,218 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 0.2%

NYSEARCA:IGM opened at $125.17 on Friday. The firm’s fifty day simple moving average is $127.81 and its 200-day simple moving average is $127.01. The stock has a market cap of $8.62 billion, a PE ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a fifty-two week low of $76.26 and a fifty-two week high of $135.81.

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.