Bank of Montreal Can Purchases 544,007 Shares of iShares Expanded Tech Sector ETF $IGM

Bank of Montreal Can grew its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 35.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,073,372 shares of the exchange traded fund’s stock after purchasing an additional 544,007 shares during the period. Bank of Montreal Can owned approximately 2.76% of iShares Expanded Tech Sector ETF worth $261,141,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. WestEnd Advisors LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $224,760,000. Assetmark Inc. grew its holdings in shares of 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 worth $24,620,000 after purchasing an additional 194,616 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF during the second quarter worth about $2,642,000. First Horizon Corp bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth approximately $596,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter worth approximately $814,000.

iShares Expanded Tech Sector ETF Price Performance

Shares of IGM opened at $125.10 on Wednesday. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $135.81. The company has a market capitalization of $8.62 billion, a P/E ratio of 34.08 and a beta of 1.27. The firm’s 50 day simple moving average is $127.42 and its 200 day simple moving average is $127.34.

iShares Expanded Tech Sector ETF Company 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.