Perigon Wealth Management LLC Increases Stock Position in iShares Expanded Tech Sector ETF $IGM

Perigon Wealth Management LLC grew its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 22.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 25,829 shares of the exchange traded fund’s stock after acquiring an additional 4,668 shares during the period. Perigon Wealth Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $3,253,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of Montreal Can raised its position in iShares Expanded Tech Sector ETF by 32.4% in the second quarter. Bank of Montreal Can now owns 1,529,365 shares of the exchange traded fund’s stock valued at $171,809,000 after purchasing an additional 374,304 shares during the period. PGIM Custom Harvest LLC grew its stake in shares of iShares Expanded Tech Sector ETF by 570.1% in the second quarter. PGIM Custom Harvest LLC now owns 378,734 shares of the exchange traded fund’s stock valued at $42,547,000 after buying an additional 322,218 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Expanded Tech Sector ETF by 62.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 356,584 shares of the exchange traded fund’s stock valued at $40,059,000 after buying an additional 136,693 shares during the period. Jones Financial Companies Lllp lifted its stake in iShares Expanded Tech Sector ETF by 528.3% during the 1st quarter. Jones Financial Companies Lllp now owns 131,328 shares of the exchange traded fund’s stock worth $10,923,000 after acquiring an additional 110,427 shares in the last quarter. Finally, DAVENPORT & Co LLC acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth about $8,566,000.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA IGM opened at $130.73 on Tuesday. The company has a market cap of $9.80 billion, a P/E ratio of 34.08 and a beta of 1.27. The stock has a 50-day moving average of $130.05 and a two-hundred day moving average of $122.33. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $135.81.

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.