WestEnd Advisors LLC Takes $224.76 Million Position in iShares Expanded Tech Sector ETF $IGM

WestEnd Advisors LLC bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 1,784,481 shares of the exchange traded fund’s stock, valued at approximately $224,760,000. iShares Expanded Tech Sector ETF makes up approximately 5.3% of WestEnd Advisors LLC’s investment portfolio, making the stock its 7th biggest position. WestEnd Advisors LLC owned approximately 2.41% of iShares Expanded Tech Sector ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Eagle Strategies LLC bought a new stake in iShares Expanded Tech Sector ETF during the third quarter worth about $220,000. SteelPeak Wealth LLC grew its position in iShares Expanded Tech Sector ETF by 7,006.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 204,668 shares of the exchange traded fund’s stock worth $25,778,000 after acquiring an additional 201,788 shares during the last quarter. Strait & Sound Wealth Management LLC increased its holdings in iShares Expanded Tech Sector ETF by 11.9% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 6,528 shares of the exchange traded fund’s stock valued at $822,000 after purchasing an additional 695 shares in the last quarter. Shira Ridge Wealth Management increased its holdings in iShares Expanded Tech Sector ETF by 0.4% during the 3rd quarter. Shira Ridge Wealth Management now owns 97,138 shares of the exchange traded fund’s stock valued at $12,235,000 after purchasing an additional 371 shares in the last quarter. Finally, Accurate Wealth Management LLC raised its position in iShares Expanded Tech Sector ETF by 32.3% in the 3rd quarter. Accurate Wealth Management LLC now owns 4,997 shares of the exchange traded fund’s stock valued at $631,000 after purchasing an additional 1,221 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Up 0.2%

iShares Expanded Tech Sector ETF stock opened at $129.37 on Monday. The stock has a 50-day simple moving average of $130.08 and a 200 day simple moving average of $122.97. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.