Decker Wealth Management LLC Invests $12.31 Million in iShares Expanded Tech Sector ETF $IGM

Decker Wealth Management LLC bought a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 103,870 shares of the exchange traded fund’s stock, valued at approximately $12,310,000. iShares Expanded Tech Sector ETF makes up 2.8% of Decker Wealth Management LLC’s holdings, making the stock its 10th largest position. Decker Wealth Management LLC owned 0.16% of iShares Expanded Tech Sector ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in iShares Expanded Tech Sector ETF in the 1st quarter worth approximately $274,000. Goldman Sachs Group Inc. raised its holdings in shares of iShares Expanded Tech Sector ETF by 6.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock worth $16,239,000 after acquiring an additional 10,218 shares in the last quarter. First Trust Advisors LP boosted its position in shares of iShares Expanded Tech Sector ETF by 13.1% during the 2nd quarter. First Trust Advisors LP now owns 58,839 shares of the exchange traded fund’s stock valued at $6,610,000 after acquiring an additional 6,811 shares during the last quarter. Marshall Wace LLP bought a new position in shares of iShares Expanded Tech Sector ETF during the 2nd quarter valued at approximately $3,083,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of iShares Expanded Tech Sector ETF by 3.7% in the second quarter. Qube Research & Technologies Ltd now owns 3,268 shares of the exchange traded fund’s stock valued at $367,000 after purchasing an additional 118 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $153.30 on Monday. The firm has a fifty day moving average price of $159.29 and a 200 day moving average price of $139.55. iShares Expanded Tech Sector ETF has a fifty-two week low of $112.60 and a fifty-two week high of $171.48. The firm has a market cap of $10.03 billion, a PE ratio of 34.08 and a beta of 1.39.

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.