Accurate Wealth Management LLC Buys New Stake in iShares Expanded Tech Sector ETF $IGM

Accurate Wealth Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,776 shares of the exchange traded fund’s stock, valued at approximately $427,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IGM. Wedmont Private Capital acquired a new position in shares of iShares Expanded Tech Sector ETF in the second quarter worth about $245,000. Baird Financial Group Inc. raised its position in shares of iShares Expanded Tech Sector ETF by 4.1% in the first quarter. Baird Financial Group Inc. now owns 10,340 shares of the exchange traded fund’s stock worth $938,000 after acquiring an additional 406 shares during the period. Harbour Investments Inc. raised its position in shares of iShares Expanded Tech Sector ETF by 171.1% in the first quarter. Harbour Investments Inc. now owns 5,018 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 3,167 shares during the period. CX Institutional purchased a new stake in shares of iShares Expanded Tech Sector ETF during the first quarter worth about $27,000. Finally, Spire Wealth Management increased its stake in shares of iShares Expanded Tech Sector ETF by 16.8% during the first quarter. Spire Wealth Management now owns 3,319 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 478 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Down 0.5%

IGM stock opened at $125.06 on Friday. The stock has a market capitalization of $7.61 billion, a P/E ratio of 34.08 and a beta of 1.18. The firm has a 50-day simple moving average of $118.66 and a 200-day simple moving average of $105.94. iShares Expanded Tech Sector ETF has a 52 week low of $76.26 and a 52 week high of $127.78.

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).