Milestone Investment Advisors LLC Raises Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Milestone Investment Advisors LLC raised its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 8.9% during the fourth quarter, HoldingsChannel reports. The firm owned 36,402 shares of the exchange traded fund’s stock after buying an additional 2,974 shares during the period. iShares Expanded Tech Sector ETF comprises about 1.0% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Milestone Investment Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $3,716,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew 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 valued at $70,551,000 after purchasing an additional 88,089 shares during the last quarter. Jane Street Group LLC increased its stake in iShares Expanded Tech Sector ETF by 86.1% in the 3rd quarter. Jane Street Group LLC now owns 9,600 shares of the exchange traded fund’s stock valued at $921,000 after buying an additional 4,442 shares during the period. AdvisorNet Financial Inc raised its position in iShares Expanded Tech Sector ETF by 796.7% during the 4th quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 478 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 68.3% in the 4th quarter. Park Avenue Securities LLC now owns 6,800 shares of the exchange traded fund’s stock worth $694,000 after acquiring an additional 2,760 shares during the period. Finally, FMR LLC boosted its holdings in shares of 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 valued at $3,000,000 after acquiring an additional 2,519 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 0.7 %

NYSEARCA IGM opened at $92.21 on Thursday. The firm has a 50-day moving average price of $100.18 and a 200 day moving average price of $100.27. The stock has a market capitalization of $5.27 billion, a P/E ratio of 31.39 and a beta of 1.20. iShares Expanded Tech Sector ETF has a 52-week low of $79.68 and a 52-week 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).