Mirae Asset Global Investments Co. Ltd. Makes New $60.39 Million Investment in iShares Expanded Tech Sector ETF $IGM

Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 357,260 shares of the exchange traded fund’s stock, valued at approximately $60,391,000.

Several other large investors also recently bought and sold shares of the business. Concurrent Investment Advisors LLC grew its holdings in iShares Expanded Tech Sector ETF by 18.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 59,498 shares of the exchange traded fund’s stock valued at $9,733,000 after buying an additional 9,335 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth approximately $2,606,000. Assetmark Inc. raised its holdings in shares of iShares Expanded Tech Sector ETF by 16.9% in the 1st quarter. Assetmark Inc. now owns 123,203 shares of the exchange traded fund’s stock valued at $14,601,000 after buying an additional 17,786 shares during the period. Integrity Investment Advisors LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 7.0% in the first quarter. Integrity Investment Advisors LLC now owns 59,956 shares of the exchange traded fund’s stock valued at $7,105,000 after purchasing an additional 3,936 shares in the last quarter. Finally, William John Sempolinski purchased a new stake in shares of iShares Expanded Tech Sector ETF during the second quarter worth $3,021,000.

iShares Expanded Tech Sector ETF Price Performance

IGM stock opened at $152.47 on Monday. The business’s 50-day moving average is $163.90 and its two-hundred day moving average is $148.25. The firm has a market capitalization of $10.39 billion, a P/E ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 1 year low of $112.60 and a 1 year high of $175.16.

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.