Rockefeller Capital Management L.P. Grows Stock Holdings in iShares Expanded Tech Sector ETF $IGM

Rockefeller Capital Management L.P. grew its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 10.8% in the 4th quarter, HoldingsChannel reports. The firm owned 69,863 shares of the exchange traded fund’s stock after acquiring an additional 6,799 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares Expanded Tech Sector ETF were worth $9,024,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bayban purchased a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $55,000. Rare Wolf Capital LLC purchased a new stake in iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $836,000. Mercer Global Advisors Inc. ADV boosted its stake in iShares Expanded Tech Sector ETF by 5.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 28,681 shares of the exchange traded fund’s stock worth $3,704,000 after buying an additional 1,537 shares in the last quarter. Beacon Pointe Advisors LLC boosted its stake in iShares Expanded Tech Sector ETF by 116.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 24,238 shares of the exchange traded fund’s stock worth $3,131,000 after buying an additional 13,057 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new position in iShares Expanded Tech Sector ETF during the fourth quarter valued at approximately $1,059,000.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $158.36 on Friday. The company has a market capitalization of $10.57 billion, a PE ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a one year low of $109.97 and a one year high of $171.48. The company’s 50 day moving average price is $154.16 and its two-hundred day moving average price is $136.38.

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.