OLD Point Trust & Financial Services N A Buys Shares of 300 iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the fourth quarter, Holdings Channel reports. The fund purchased 300 shares of the exchange traded fund’s stock, valued at approximately $31,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Morling Financial Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at $30,000. Private Wealth Management Group LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $36,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at about $42,000. AdvisorNet Financial Inc raised its position in shares of iShares Expanded Tech Sector ETF by 796.7% during the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock worth $55,000 after acquiring an additional 478 shares during the last quarter. Finally, TruNorth Capital Management LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $58,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $94.07 on Friday. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.68 and a fifty-two week high of $108.73. The company has a 50 day simple moving average of $101.90 and a two-hundred day simple moving average of $99.97. The company has a market capitalization of $5.39 billion, a PE ratio of 32.57 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).