Independent Financial Group LLC Buys Shares of 3,810 iShares Expanded Tech Sector ETF $IGM

Independent Financial Group LLC bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,810 shares of the exchange traded fund’s stock, valued at approximately $452,000.

Several other hedge funds and other institutional investors have also modified their holdings of IGM. Tucker Asset Management LLC acquired a new stake in iShares Expanded Tech Sector ETF during the 4th quarter worth about $28,000. FAS Wealth Partners Inc. purchased a new stake in shares of iShares Expanded Tech Sector ETF in the second quarter worth approximately $28,000. Atlantic Union Bankshares Corp boosted its holdings in shares of iShares Expanded Tech Sector ETF by 153.2% during the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 144 shares during the period. Cary Street Partners Financial LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth approximately $37,000. Finally, Clearstead Trust LLC purchased a new position in iShares Expanded Tech Sector ETF during the fourth quarter valued at approximately $39,000.

iShares Expanded Tech Sector ETF Stock Performance

iShares Expanded Tech Sector ETF stock opened at $154.10 on Friday. The firm has a market cap of $10.09 billion, a PE ratio of 34.08 and a beta of 1.39. The firm’s 50 day moving average price is $159.33 and its two-hundred day moving average price is $140.28. iShares Expanded Tech Sector ETF has a twelve month low of $112.60 and a twelve month high of $171.48.

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.