iShares Expanded Tech Sector ETF $IGM Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 25.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,712 shares of the exchange traded fund’s stock after purchasing an additional 10,207 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Expanded Tech Sector ETF were worth $8,572,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IGM. Western Wealth Management LLC bought a new stake in iShares Expanded Tech Sector ETF during the first quarter worth about $33,000. Trust Co. of Vermont purchased a new position in shares of iShares Expanded Tech Sector ETF in the 2nd quarter worth about $34,000. Oakworth Capital Inc. bought a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $35,000. Indiana Trust & Investment Management Co bought a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $40,000. Finally, Parallel Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 1st quarter valued at about $49,000.

iShares Expanded Tech Sector ETF Trading Down 0.6%

Shares of NYSEARCA IGM opened at $146.70 on Wednesday. The stock has a market cap of $10.08 billion, a price-to-earnings ratio of 34.08 and a beta of 1.42. iShares Expanded Tech Sector ETF has a 1-year low of $112.60 and a 1-year high of $175.16. The stock’s 50-day moving average is $162.07 and its 200 day moving average is $148.83.

iShares Expanded Tech Sector ETF Company 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.