iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Hits New 52-Week High at $96.25

iShares Expanded Tech Sector ETF (NYSEARCA:IGM) reached a new 52-week high during trading on Wednesday . The company traded as high as $96.25 and last traded at $96.22, with a volume of 103717 shares trading hands. The stock had previously closed at $95.62.

iShares Expanded Tech Sector ETF Stock Performance

The company’s 50 day simple moving average is $89.11 and its 200 day simple moving average is $83.97. The stock has a market cap of $4.86 billion, a PE ratio of 7.11 and a beta of 1.53.

Institutional Investors Weigh In On iShares Expanded Tech Sector ETF

Large investors have recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC boosted its position in shares of iShares Expanded Tech Sector ETF by 445.7% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,009,071 shares of the exchange traded fund’s stock valued at $86,962,000 after acquiring an additional 824,164 shares during the period. Gray Foundation boosted its position in shares of iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Gray Foundation now owns 522,084 shares of the exchange traded fund’s stock valued at $44,993,000 after acquiring an additional 435,070 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Expanded Tech Sector ETF by 572.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,000 shares of the exchange traded fund’s stock valued at $28,008,000 after buying an additional 276,700 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at about $110,310,000. Finally, GM Advisory Group LLC boosted its holdings in iShares Expanded Tech Sector ETF by 537.6% during the 1st quarter. GM Advisory Group LLC now owns 287,719 shares of the exchange traded fund’s stock valued at $24,796,000 after acquiring an additional 242,597 shares during the period.

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).