GatePass Capital LLC bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) during the 4th quarter, HoldingsChannel reports. The fund bought 4,440 shares of the exchange traded fund’s stock, valued at approximately $573,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. increased its holdings in shares of iShares Expanded Tech Sector ETF by 22,603.5% during the third quarter. Assetmark Inc. now owns 195,477 shares of the exchange traded fund’s stock valued at $24,620,000 after purchasing an additional 194,616 shares during the period. AK Global Asset Management LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter worth about $2,097,000. Advisory Alpha LLC bought a new position in iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $614,000. Victory Capital Management Inc. bought a new position in iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $78,380,000. Finally, Phillips Wealth Planners LLC acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $879,000.
iShares Expanded Tech Sector ETF Stock Performance
IGM stock opened at $157.19 on Tuesday. iShares Expanded Tech Sector ETF has a 52 week low of $100.00 and a 52 week high of $158.19. The company has a market capitalization of $10.49 billion, a price-to-earnings ratio of 34.08 and a beta of 1.36. The firm’s 50-day moving average is $136.09 and its two-hundred day moving average is $131.02.
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.
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Want to see what other hedge funds are holding IGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report).
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