McGrath & Associates Inc. Takes Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

McGrath & Associates Inc. acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,260 shares of the exchange traded fund’s stock, valued at approximately $231,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Oppenheimer & Co. Inc. lifted its position in shares of iShares Expanded Tech Sector ETF by 10.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 4,711 shares of the exchange traded fund’s stock worth $481,000 after buying an additional 450 shares during the last quarter. Gray Foundation raised its position in iShares Expanded Tech Sector ETF by 7.1% during the 4th quarter. Gray Foundation now owns 559,116 shares of the exchange traded fund’s stock worth $57,080,000 after buying an additional 37,032 shares during the last quarter. TruNorth Capital Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth about $58,000. Transcendent Capital Group LLC purchased a new position in iShares Expanded Tech Sector ETF during the fourth quarter worth about $42,000. Finally, IFP Advisors Inc acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at about $391,000.

iShares Expanded Tech Sector ETF Stock Up 1.1 %

Shares of NYSEARCA:IGM opened at $102.18 on Thursday. The company has a market cap of $5.15 billion, a P/E ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 52 week low of $79.68 and a 52 week high of $108.73. The company has a 50-day moving average price of $104.61 and a 200 day moving average price of $99.71.

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).