Northwestern Mutual Wealth Management Co. Buys 3,969 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 25.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,353 shares of the exchange traded fund’s stock after purchasing an additional 3,969 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Expanded Tech Sector ETF were worth $1,825,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Garde Capital Inc. purchased a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at $105,000. Humankind Investments LLC acquired a new stake in iShares Expanded Tech Sector ETF in the 4th quarter valued at approximately $3,655,000. EverSource Wealth Advisors LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 237.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 301 shares during the period. Mather Group LLC. purchased a new stake in iShares Expanded Tech Sector ETF during the second quarter worth about $31,000. Finally, Southland Equity Partners LLC boosted its stake in shares of iShares Expanded Tech Sector ETF by 552.4% in the first quarter. Southland Equity Partners LLC now owns 4,358 shares of the exchange traded fund’s stock valued at $376,000 after purchasing an additional 3,690 shares during the period.

iShares Expanded Tech Sector ETF Stock Up 1.3 %

Shares of IGM opened at $96.43 on Friday. iShares Expanded Tech Sector ETF has a fifty-two week low of $60.65 and a fifty-two week high of $98.70. The firm’s 50 day moving average price is $91.64 and its 200 day moving average price is $90.05. The company has a market cap of $4.86 billion, a P/E ratio of 7.11 and a beta of 1.53.

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).