Transcend Capital Advisors LLC Makes New $3.73 Million Investment in iShares Expanded Tech Sector ETF $IGM

Transcend Capital Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 3rd quarter, Holdings Channel reports. The fund bought 29,581 shares of the exchange traded fund’s stock, valued at approximately $3,726,000.

A number of other hedge funds have also added to or reduced their stakes in IGM. Southland Equity Partners LLC grew its position in shares of iShares Expanded Tech Sector ETF by 1.9% during the 3rd quarter. Southland Equity Partners LLC now owns 4,735 shares of the exchange traded fund’s stock worth $596,000 after buying an additional 88 shares during the period. Arkadios Wealth Advisors boosted its stake in iShares Expanded Tech Sector ETF by 1.4% during the second quarter. Arkadios Wealth Advisors now owns 7,076 shares of the exchange traded fund’s stock worth $795,000 after acquiring an additional 95 shares in the last quarter. Avion Wealth grew its holdings in iShares Expanded Tech Sector ETF by 47.6% in the third quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 100 shares during the period. FAS Wealth Partners Inc. grew its holdings in iShares Expanded Tech Sector ETF by 40.0% in the third quarter. FAS Wealth Partners Inc. now owns 350 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 100 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in iShares Expanded Tech Sector ETF by 3.7% in the second quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock valued at $367,000 after purchasing an additional 118 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

IGM stock opened at $128.99 on Friday. The company’s 50-day moving average is $130.32 and its 200-day moving average is $125.57. The stock has a market capitalization of $8.89 billion, a PE ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a 1 year low of $76.26 and a 1 year 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.