Ridgeline Wealth LLC Acquires Shares of 5,953 iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Ridgeline Wealth LLC bought a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the fourth quarter, HoldingsChannel reports. The firm bought 5,953 shares of the exchange traded fund’s stock, valued at approximately $608,000. iShares Expanded Tech Sector ETF accounts for 0.5% of Ridgeline Wealth LLC’s holdings, making the stock its 29th largest holding.

Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings 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 last quarter. B. Riley Wealth Advisors Inc. grew its stake in shares of iShares Expanded Tech Sector ETF by 2.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 30,039 shares of the exchange traded fund’s stock valued at $2,866,000 after buying an additional 857 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 92.1% in the third quarter. Sanctuary Advisors LLC now owns 54,612 shares of the exchange traded fund’s stock worth $5,513,000 after buying an additional 26,185 shares during the period. Strait & Sound Wealth Management LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 14.6% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 2,840 shares of the exchange traded fund’s stock worth $272,000 after acquiring an additional 362 shares during the last quarter. Finally, Valued Retirements Inc. purchased a new position in iShares Expanded Tech Sector ETF during the 3rd quarter valued at $415,000.

iShares Expanded Tech Sector ETF Stock Performance

iShares Expanded Tech Sector ETF stock traded up $1.72 during mid-day trading on Monday, hitting $105.61. The company’s stock had a trading volume of 228,086 shares, compared to its average volume of 218,729. iShares Expanded Tech Sector ETF has a one year low of $72.01 and a one year high of $107.19. The stock has a market cap of $5.32 billion, a PE ratio of 7.11 and a beta of 1.53. The company has a 50 day moving average of $102.04 and a 200-day moving average of $96.55.

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).