Ring Mountain Capital LLC acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm acquired 2,504 shares of the exchange traded fund’s stock, valued at approximately $256,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Wealth Management Group LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $36,000. Transcendent Capital Group LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $42,000. AdvisorNet Financial Inc raised its holdings in shares of iShares Expanded Tech Sector ETF by 796.7% in the 4th quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 478 shares during the period. TruNorth Capital Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $58,000. Finally, Assetmark Inc. purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $63,000.
iShares Expanded Tech Sector ETF Trading Down 2.8 %
IGM stock opened at $97.24 on Tuesday. The company has a market capitalization of $4.90 billion, a PE ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 12-month low of $79.68 and a 12-month high of $108.73. The business’s fifty day moving average price is $104.33 and its 200 day moving average price is $99.95.
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).
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Want to see what other hedge funds are holding IGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Expanded Tech Sector ETF (NYSEARCA:IGM – Free Report).
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