Assetmark Inc. Increases Stock Position in iShares Expanded Tech Sector ETF $IGM

Assetmark Inc. increased its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 22,603.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 195,477 shares of the exchange traded fund’s stock after buying an additional 194,616 shares during the period. Assetmark Inc. owned 0.26% of iShares Expanded Tech Sector ETF worth $24,620,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IGM. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Expanded Tech Sector ETF by 843.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock worth $423,661,000 after acquiring an additional 3,007,140 shares during the period. Truist Financial Corp lifted its holdings in iShares Expanded Tech Sector ETF by 1,165.7% during the 3rd quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after purchasing an additional 1,856,762 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in iShares Expanded Tech Sector ETF by 1.7% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,929,928 shares of the exchange traded fund’s stock worth $216,808,000 after purchasing an additional 31,940 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares Expanded Tech Sector ETF by 915.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,914,312 shares of the exchange traded fund’s stock worth $241,108,000 after purchasing an additional 1,725,741 shares during the period. Finally, WestEnd Advisors LLC purchased a new position in iShares Expanded Tech Sector ETF during the 3rd quarter valued at about $224,760,000.

iShares Expanded Tech Sector ETF Stock Up 0.2%

Shares of IGM opened at $123.81 on Friday. iShares Expanded Tech Sector ETF has a twelve month low of $76.26 and a twelve month high of $135.81. The stock has a market cap of $8.53 billion, a PE ratio of 34.08 and a beta of 1.27. The business’s 50-day moving average price is $129.45 and its 200-day moving average price is $126.33.

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). 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.