GM Advisory Group LLC Increases Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

GM Advisory Group LLC increased its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 293,677 shares of the exchange traded fund’s stock after purchasing an additional 5,958 shares during the quarter. iShares Expanded Tech Sector ETF accounts for 1.8% of GM Advisory Group LLC’s holdings, making the stock its 18th biggest holding. GM Advisory Group LLC owned approximately 0.58% of iShares Expanded Tech Sector ETF worth $27,697,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of IGM. Financial Gravity Asset Management Inc. lifted its stake in iShares Expanded Tech Sector ETF by 252.5% in the second quarter. Financial Gravity Asset Management Inc. now owns 282 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 202 shares during the last quarter. Mather Group LLC. purchased a new position in iShares Expanded Tech Sector ETF during the 2nd quarter valued at $31,000. Pittenger & Anderson Inc. boosted its holdings in iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 325 shares during the period. Fortis Group Advisors LLC grew its position in iShares Expanded Tech Sector ETF by 200.0% in the 1st quarter. Fortis Group Advisors LLC now owns 402 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 268 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in iShares Expanded Tech Sector ETF by 237.0% in the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 301 shares during the period.

iShares Expanded Tech Sector ETF Trading Up 2.9 %

NYSEARCA:IGM opened at $94.63 on Friday. The stock has a fifty day simple moving average of $91.30 and a 200-day simple moving average of $89.28. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a twelve month low of $60.65 and a twelve month high of $98.70.

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).