Concurrent Investment Advisors LLC Acquires 5,230 Shares of iShares Expanded Tech Sector ETF $IGM

Concurrent Investment Advisors LLC grew its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 13.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,109 shares of the exchange traded fund’s stock after acquiring an additional 5,230 shares during the quarter. Concurrent Investment Advisors LLC owned 0.06% of iShares Expanded Tech Sector ETF worth $5,697,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. WestEnd Advisors LLC bought a new stake in iShares Expanded Tech Sector ETF in the third quarter worth $224,760,000. Assetmark Inc. boosted its position in iShares Expanded Tech Sector ETF by 22,603.5% during the third quarter. Assetmark Inc. now owns 195,477 shares of the exchange traded fund’s stock valued at $24,620,000 after buying an additional 194,616 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the third quarter valued at about $814,000. First Horizon Corp purchased a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth about $596,000. Finally, Advisory Alpha LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth about $614,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA IGM opened at $142.74 on Monday. The firm has a market cap of $9.51 billion, a PE ratio of 34.08 and a beta of 1.31. iShares Expanded Tech Sector ETF has a 1-year low of $90.10 and a 1-year high of $142.85. The stock has a 50-day moving average of $125.91 and a 200-day moving average of $128.19.

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.