Financial Engines Advisors L.L.C. Increases Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Financial Engines Advisors L.L.C. lifted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 42.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,998 shares of the exchange traded fund’s stock after buying an additional 892 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Expanded Tech Sector ETF were worth $306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IGM. JPMorgan Chase & Co. boosted 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 acquiring an additional 88,089 shares in the last quarter. Jane Street Group LLC boosted its position in iShares Expanded Tech Sector ETF by 86.1% during the third quarter. Jane Street Group LLC now owns 9,600 shares of the exchange traded fund’s stock valued at $921,000 after purchasing an additional 4,442 shares in the last quarter. AdvisorNet Financial Inc grew its stake in iShares Expanded Tech Sector ETF by 796.7% in the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 478 shares during the last quarter. Park Avenue Securities LLC raised its holdings in iShares Expanded Tech Sector ETF by 68.3% in the fourth quarter. Park Avenue Securities LLC now owns 6,800 shares of the exchange traded fund’s stock worth $694,000 after purchasing an additional 2,760 shares in the last quarter. Finally, FMR LLC raised its holdings in iShares Expanded Tech Sector ETF by 8.8% in the third quarter. FMR LLC now owns 31,272 shares of the exchange traded fund’s stock worth $3,000,000 after purchasing an additional 2,519 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $90.81 on Friday. The stock has a market capitalization of $5.19 billion, a P/E ratio of 31.39 and a beta of 1.20. The company’s 50-day simple moving average is $101.01 and its 200-day simple moving average is $100.19. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.68 and a fifty-two week high of $108.73.

iShares Expanded Tech Sector ETF 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).