Cary Street Partners Investment Advisory LLC Makes New Investment in iShares Expanded Tech Sector ETF $IGM

Cary Street Partners Investment Advisory LLC acquired a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,654 shares of the exchange traded fund’s stock, valued at approximately $1,118,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC bought a new position in iShares Expanded Tech Sector ETF during the 4th quarter worth $28,000. FAS Wealth Partners Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 2nd quarter valued at $28,000. Atlantic Union Bankshares Corp boosted its holdings in shares of iShares Expanded Tech Sector ETF by 153.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 144 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $37,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $38,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM stock opened at $157.19 on Tuesday. The stock’s fifty day moving average price is $136.09 and its two-hundred day moving average price is $131.02. The company has a market cap of $10.49 billion, a PE ratio of 34.08 and a beta of 1.36. iShares Expanded Tech Sector ETF has a fifty-two week low of $100.00 and a fifty-two week high of $158.19.

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.