Synergy Asset Management LLC Takes Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Synergy Asset Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 930 shares of the exchange traded fund’s stock, valued at approximately $89,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IGM. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 2nd quarter worth approximately $2,810,000. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Expanded Tech Sector ETF by 25.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 19,353 shares of the exchange traded fund’s stock worth $1,825,000 after buying an additional 3,969 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in iShares Expanded Tech Sector ETF by 20.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,493 shares of the exchange traded fund’s stock valued at $612,000 after buying an additional 1,081 shares during the period. Truist Financial Corp increased its holdings in iShares Expanded Tech Sector ETF by 2.1% in the 2nd quarter. Truist Financial Corp now owns 111,116 shares of the exchange traded fund’s stock valued at $10,479,000 after buying an additional 2,254 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 2nd quarter valued at $2,681,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of iShares Expanded Tech Sector ETF stock opened at $105.15 on Friday. The firm has a market cap of $5.30 billion, a P/E ratio of 7.11 and a beta of 1.53. The firm’s 50-day simple moving average is $103.64 and its 200-day simple moving average is $97.57. iShares Expanded Tech Sector ETF has a twelve month low of $77.98 and a twelve month high of $107.87.

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).