Navigoe LLC Makes New $55,000 Investment in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Navigoe LLC bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 540 shares of the exchange traded fund’s stock, valued at approximately $55,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its position in iShares Expanded Tech Sector ETF by 154.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 55,921 shares of the exchange traded fund’s stock valued at $5,709,000 after buying an additional 33,921 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at $1,127,000. Integrated Wealth Concepts LLC grew its position in iShares Expanded Tech Sector ETF by 4.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 5,784 shares of the exchange traded fund’s stock worth $590,000 after acquiring an additional 253 shares during the last quarter. Stifel Financial Corp increased its holdings in iShares Expanded Tech Sector ETF by 1.8% in the 4th quarter. Stifel Financial Corp now owns 178,969 shares of the exchange traded fund’s stock worth $18,271,000 after purchasing an additional 3,115 shares in the last quarter. Finally, MML Investors Services LLC raised its position in iShares Expanded Tech Sector ETF by 29.1% in the fourth quarter. MML Investors Services LLC now owns 17,621 shares of the exchange traded fund’s stock valued at $1,799,000 after purchasing an additional 3,971 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Up 0.4 %

Shares of IGM stock opened at $92.68 on Wednesday. The business’s 50-day moving average price is $91.87 and its 200-day moving average price is $98.95. iShares Expanded Tech Sector ETF has a 12 month low of $76.26 and a 12 month high of $108.73. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 30.66 and a beta of 1.26.

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).