First Horizon Corp Takes Position in iShares Expanded Tech Sector ETF $IGM

First Horizon Corp bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,729 shares of the exchange traded fund’s stock, valued at approximately $596,000.

Several other hedge funds have also bought and sold shares of the business. WestEnd Advisors LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the third quarter worth about $224,760,000. Blair William & Co. IL boosted its stake in iShares Expanded Tech Sector ETF by 117.7% during the 2nd quarter. Blair William & Co. IL now owns 5,387 shares of the exchange traded fund’s stock valued at $605,000 after purchasing an additional 2,913 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in iShares Expanded Tech Sector ETF during the 2nd quarter worth approximately $2,642,000. Harbour Investments Inc. increased its holdings in iShares Expanded Tech Sector ETF by 4.5% during the 2nd quarter. Harbour Investments Inc. now owns 5,245 shares of the exchange traded fund’s stock worth $589,000 after purchasing an additional 227 shares in the last quarter. Finally, MA Private Wealth purchased a new stake in shares of iShares Expanded Tech Sector ETF in the second quarter worth approximately $223,000.

iShares Expanded Tech Sector ETF Stock Down 0.0%

Shares of NYSEARCA:IGM opened at $131.90 on Wednesday. The business’s 50 day moving average is $129.70 and its 200 day moving average is $124.06. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81. The stock has a market cap of $9.04 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27.

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.