iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Position Boosted by Park Avenue Securities LLC

Park Avenue Securities LLC raised its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 40.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,521 shares of the exchange traded fund’s stock after acquiring an additional 2,721 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Expanded Tech Sector ETF were worth $863,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in iShares Expanded Tech Sector ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 2,912,934 shares of the exchange traded fund’s stock valued at $297,381,000 after acquiring an additional 70,407 shares in the last quarter. Royal Bank of Canada grew its stake in iShares Expanded Tech Sector ETF by 1.0% during the 4th quarter. Royal Bank of Canada now owns 1,221,272 shares of the exchange traded fund’s stock valued at $124,679,000 after acquiring an additional 11,713 shares in the last quarter. LPL Financial LLC grew its stake in iShares Expanded Tech Sector ETF by 29.6% during the 4th quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock valued at $118,549,000 after acquiring an additional 265,134 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Expanded Tech Sector ETF by 6.8% during the 4th quarter. JPMorgan Chase & Co. now owns 785,114 shares of the exchange traded fund’s stock valued at $80,152,000 after acquiring an additional 49,750 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Expanded Tech Sector ETF by 3.9% during the 4th quarter. Ameriprise Financial Inc. now owns 632,889 shares of the exchange traded fund’s stock valued at $64,616,000 after acquiring an additional 23,490 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA:IGM opened at $107.45 on Friday. iShares Expanded Tech Sector ETF has a fifty-two week low of $76.26 and a fifty-two week high of $108.73. The stock’s 50-day moving average is $96.37 and its two-hundred day moving average is $99.50. The stock has a market cap of $6.39 billion, a PE ratio of 31.64 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).