Osprey Private Wealth LLC Makes New $530,000 Investment in iShares Expanded Tech Sector ETF $IGM

Osprey Private Wealth LLC purchased a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,102 shares of the exchange traded fund’s stock, valued at approximately $530,000.

A number of other hedge funds also recently made changes to their positions in IGM. FAS Wealth Partners Inc. bought a new position in iShares Expanded Tech Sector ETF in the second quarter valued at $28,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth about $38,000. Avion Wealth increased its position in shares of iShares Expanded Tech Sector ETF by 47.6% during the 3rd 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. Root Financial Partners LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $45,000.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM opened at $154.38 on Friday. iShares Expanded Tech Sector ETF has a 1 year low of $95.62 and a 1 year high of $154.42. The stock has a 50 day simple moving average of $128.85 and a two-hundred day simple moving average of $129.08. The firm has a market cap of $10.30 billion, a P/E ratio of 34.08 and a beta of 1.36.

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.