Park Avenue Securities LLC Purchases 2,760 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Park Avenue Securities LLC grew its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 68.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,800 shares of the exchange traded fund’s stock after purchasing an additional 2,760 shares during the period. Park Avenue Securities LLC’s holdings in iShares Expanded Tech Sector ETF were worth $694,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Financial Private Client LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 14.0% during the 4th quarter. Global Financial Private Client LLC now owns 10,720 shares of the exchange traded fund’s stock valued at $1,094,000 after purchasing an additional 1,319 shares during the last quarter. AdvisorNet Financial Inc boosted its position in iShares Expanded Tech Sector ETF by 796.7% during the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 478 shares during the last quarter. International Assets Investment Management LLC bought a new stake in iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $331,000. Westwind Capital acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at $1,100,000. Finally, Ridgeline Wealth LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth about $608,000.

iShares Expanded Tech Sector ETF Stock Up 2.0 %

NYSEARCA IGM opened at $107.05 on Thursday. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. The business has a 50 day moving average price of $103.00 and a 200-day moving average price of $97.23. iShares Expanded Tech Sector ETF has a 52 week low of $77.98 and a 52 week high of $107.54.

About iShares Expanded Tech Sector ETF

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).