Stephens Inc. AR Grows Stock Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Stephens Inc. AR lifted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 7.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,535 shares of the exchange traded fund’s stock after purchasing an additional 1,656 shares during the quarter. Stephens Inc. AR’s holdings in iShares Expanded Tech Sector ETF were worth $2,505,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Private Wealth Management Group LLC bought a new stake in iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $36,000. AdvisorNet Financial Inc raised its stake in shares of iShares Expanded Tech Sector ETF by 796.7% during the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock worth $55,000 after acquiring an additional 478 shares in the last quarter. Assetmark Inc. purchased a new position in shares of iShares Expanded Tech Sector ETF during the third quarter worth approximately $63,000. CENTRAL TRUST Co bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $83,000. Finally, Synergy Asset Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $89,000.

iShares Expanded Tech Sector ETF Stock Down 0.3 %

Shares of NYSEARCA:IGM opened at $106.53 on Wednesday. The stock has a market cap of $5.37 billion, a PE ratio of 7.11 and a beta of 1.53. The company’s fifty day moving average is $104.34 and its 200 day moving average is $98.27. iShares Expanded Tech Sector ETF has a 52 week low of $79.47 and a 52 week high of $107.87.

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).