TPG Advisors LLC Invests $331,000 in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

TPG Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 3,505 shares of the exchange traded fund’s stock, valued at approximately $331,000.

Several other large investors have also modified their holdings of the business. Beaton Management Co. Inc. increased its holdings in shares of iShares Expanded Tech Sector ETF by 10.7% in the 2nd quarter. Beaton Management Co. Inc. now owns 4,650 shares of the exchange traded fund’s stock valued at $439,000 after acquiring an additional 450 shares during the period. GM Advisory Group LLC lifted its position in iShares Expanded Tech Sector ETF by 2.1% during the second quarter. GM Advisory Group LLC now owns 293,677 shares of the exchange traded fund’s stock valued at $27,697,000 after acquiring an additional 5,958 shares during the last quarter. One Capital Management LLC boosted its stake in iShares Expanded Tech Sector ETF by 2.2% in the second quarter. One Capital Management LLC now owns 30,504 shares of the exchange traded fund’s stock valued at $2,877,000 after acquiring an additional 654 shares in the last quarter. Mystic Asset Management Inc. grew its holdings in iShares Expanded Tech Sector ETF by 3.1% in the second quarter. Mystic Asset Management Inc. now owns 7,133 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 215 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Expanded Tech Sector ETF by 17.3% during the second quarter. Envestnet Asset Management Inc. now owns 313,372 shares of the exchange traded fund’s stock worth $29,554,000 after purchasing an additional 46,106 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM opened at $94.51 on Friday. The company’s fifty day moving average price is $91.26 and its 200-day moving average price is $89.34. iShares Expanded Tech Sector ETF has a 1-year low of $60.65 and a 1-year high of $98.70. The firm has a market capitalization of $4.76 billion, a PE ratio of 7.11 and a beta of 1.53.

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).