iShares Expanded Tech Sector ETF $IGM Shares Acquired by Northstar Advisory Group LLC

Northstar Advisory Group LLC lifted its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 327.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,756 shares of the exchange traded fund’s stock after acquiring an additional 41,933 shares during the period. iShares Expanded Tech Sector ETF accounts for about 2.5% of Northstar Advisory Group LLC’s holdings, making the stock its 9th biggest position. Northstar Advisory Group LLC’s holdings in iShares Expanded Tech Sector ETF were worth $7,072,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its position in iShares Expanded Tech Sector ETF by 101.6% in the 3rd quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock valued at $665,119,000 after purchasing an additional 2,660,957 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares Expanded Tech Sector ETF by 843.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock worth $423,661,000 after purchasing an additional 3,007,140 shares during the last quarter. Raymond James Financial Inc. increased its stake in iShares Expanded Tech Sector ETF by 393.9% in the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock valued at $362,632,000 after purchasing an additional 2,296,259 shares during the period. Bank of Montreal Can increased its stake in iShares Expanded Tech Sector ETF by 35.6% in the third quarter. Bank of Montreal Can now owns 2,073,372 shares of the exchange traded fund’s stock valued at $261,141,000 after purchasing an additional 544,007 shares during the period. Finally, Truist Financial Corp raised its holdings in shares of 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 valued at $253,920,000 after buying an additional 1,856,762 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $113.31 on Tuesday. iShares Expanded Tech Sector ETF has a fifty-two week low of $76.26 and a fifty-two week high of $135.81. The company has a market capitalization of $7.81 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27. The firm has a 50-day simple moving average of $124.85 and a 200-day simple moving average of $127.59.

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). 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.