Journey Beyond Wealth LLC acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,337 shares of the exchange traded fund’s stock, valued at approximately $2,382,000. iShares Expanded Tech Sector ETF makes up about 2.2% of Journey Beyond Wealth LLC’s holdings, making the stock its 15th biggest position.
Several other large investors have also recently added to or reduced their stakes in IGM. Raymond James Financial Inc. bought a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth about $64,519,000. Bank of Montreal Can grew its position in shares of iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after purchasing an additional 471,204 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $40,436,000. SteelPeak Wealth LLC increased its holdings in shares of iShares Expanded Tech Sector ETF by 3,895.6% during the fourth quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after purchasing an additional 369,690 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares Expanded Tech Sector ETF by 29.6% in the fourth quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock valued at $118,549,000 after buying an additional 265,134 shares in the last quarter.
iShares Expanded Tech Sector ETF Price Performance
Shares of NYSEARCA:IGM opened at $97.21 on Wednesday. The business’s 50 day simple moving average is $101.61 and its 200 day simple moving average is $100.26. iShares Expanded Tech Sector ETF has a 1 year low of $79.68 and a 1 year high of $108.73. The company has a market capitalization of $5.56 billion, a P/E ratio of 31.39 and a beta of 1.20.
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).
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