TCTC Holdings LLC Purchases New Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

TCTC Holdings LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,233 shares of the exchange traded fund’s stock, valued at approximately $126,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its holdings 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 last quarter. JPMorgan Chase & Co. increased its position in iShares Expanded Tech Sector ETF by 13.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock valued at $70,551,000 after purchasing an additional 88,089 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Expanded Tech Sector ETF during the 4th quarter valued at $64,519,000. Gray Foundation increased its position in iShares Expanded Tech Sector ETF by 7.1% during the 4th quarter. Gray Foundation now owns 559,116 shares of the exchange traded fund’s stock valued at $57,080,000 after purchasing an additional 37,032 shares during the period. Finally, Wellington Management Group LLP purchased a new position in iShares Expanded Tech Sector ETF during the 3rd quarter valued at $40,436,000.

iShares Expanded Tech Sector ETF Trading Up 0.7 %

Shares of iShares Expanded Tech Sector ETF stock opened at $95.03 on Tuesday. The company’s fifty day simple moving average is $102.46 and its two-hundred day simple moving average is $100.05. The company has a market cap of $5.45 billion, a P/E ratio of 32.57 and a beta of 1.20. iShares Expanded Tech Sector ETF has a 12-month low of $79.68 and a 12-month high of $108.73.

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).