Westwind Capital Invests $1.10 Million in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Westwind Capital acquired a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,776 shares of the exchange traded fund’s stock, valued at approximately $1,100,000. iShares Expanded Tech Sector ETF comprises about 0.2% of Westwind Capital’s investment portfolio, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signature Estate & Investment Advisors LLC increased its holdings in shares of iShares Expanded Tech Sector ETF by 4.0% during the third quarter. Signature Estate & Investment Advisors LLC now owns 1,855,115 shares of the exchange traded fund’s stock valued at $177,980,000 after purchasing an additional 71,852 shares during the period. Bank of Montreal Can increased its stake in iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock valued at $114,662,000 after buying an additional 471,204 shares during the period. LPL Financial LLC increased its stake in iShares Expanded Tech Sector ETF by 17.7% during the 2nd quarter. LPL Financial LLC now owns 868,769 shares of the exchange traded fund’s stock valued at $81,934,000 after buying an additional 130,619 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares Expanded Tech Sector ETF by 13.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after acquiring an additional 88,089 shares during the period. Finally, Wellington Management Group LLP bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter valued at approximately $40,436,000.

iShares Expanded Tech Sector ETF Stock Down 2.1 %

IGM traded down $2.24 during trading on Tuesday, reaching $103.37. The stock had a trading volume of 184,936 shares, compared to its average volume of 200,659. iShares Expanded Tech Sector ETF has a 1-year low of $72.01 and a 1-year high of $107.19. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. The stock has a 50 day moving average of $102.20 and a two-hundred day moving average of $96.63.

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).