CX Institutional Makes New Investment in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

CX Institutional purchased a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,648 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Other hedge funds have also made changes to their positions in the company. Northwest Financial Advisors acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $40,000. Fortis Group Advisors LLC raised its stake in shares of iShares Expanded Tech Sector ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 134 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 67 shares in the last quarter. Montag A & Associates Inc. lifted its stake in iShares Expanded Tech Sector ETF by 12.8% during the fourth quarter. Montag A & Associates Inc. now owns 211 shares of the exchange traded fund’s stock valued at $95,000 after buying an additional 24 shares in the last quarter. Garde Capital Inc. purchased a new stake in iShares Expanded Tech Sector ETF in the 4th quarter worth about $105,000. Finally, Principal Securities Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter worth $136,000.

iShares Expanded Tech Sector ETF Stock Up 0.2 %

Shares of NYSEARCA:IGM traded up $0.18 during trading on Friday, reaching $87.48. The stock had a trading volume of 155,718 shares, compared to its average volume of 299,070. The firm has a market capitalization of $4.41 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 52 week low of $60.65 and a 52 week high of $98.70. The stock has a fifty day simple moving average of $92.61 and a two-hundred day simple moving average of $87.23.

iShares Expanded Tech Sector ETF 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).