JPMorgan Chase & Co. Raises Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

JPMorgan Chase & Co. raised its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 13.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 735,364 shares of the exchange traded fund’s stock after acquiring an additional 88,089 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.46% of iShares Expanded Tech Sector ETF worth $70,551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IGM. Jane Street Group LLC grew its stake in iShares Expanded Tech Sector ETF by 86.1% in the third quarter. Jane Street Group LLC now owns 9,600 shares of the exchange traded fund’s stock worth $921,000 after purchasing an additional 4,442 shares in the last quarter. FMR LLC grew its holdings in iShares Expanded Tech Sector ETF by 8.8% during the 3rd quarter. FMR LLC now owns 31,272 shares of the exchange traded fund’s stock worth $3,000,000 after acquiring an additional 2,519 shares in the last quarter. Bank of New York Mellon Corp increased its position in iShares Expanded Tech Sector ETF by 5.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 45,979 shares of the exchange traded fund’s stock valued at $4,336,000 after purchasing an additional 2,525 shares during the period. Quotient Wealth Partners LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth approximately $283,000. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of iShares Expanded Tech Sector ETF by 12.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 9,221 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 1,034 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 1.6 %

Shares of NYSEARCA:IGM opened at $103.89 on Friday. The company has a market capitalization of $5.24 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. The firm has a 50 day moving average of $102.04 and a 200 day moving average of $96.53. iShares Expanded Tech Sector ETF has a 52 week low of $71.49 and a 52 week high of $107.19.

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).