Gray Foundation Has $57.08 Million Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Gray Foundation lifted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 559,116 shares of the exchange traded fund’s stock after buying an additional 37,032 shares during the period. iShares Expanded Tech Sector ETF comprises approximately 16.3% of Gray Foundation’s investment portfolio, making the stock its 2nd biggest position. Gray Foundation’s holdings in iShares Expanded Tech Sector ETF were worth $57,080,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Private Wealth Management Group LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at $36,000. Transcendent Capital Group LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at $42,000. AdvisorNet Financial Inc increased its holdings 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 period. TruNorth Capital Management LLC acquired a new stake in iShares Expanded Tech Sector ETF in the fourth quarter valued at $58,000. Finally, Assetmark Inc. acquired a new stake in iShares Expanded Tech Sector ETF in the third quarter valued at $63,000.

iShares Expanded Tech Sector ETF Stock Down 1.5 %

NYSEARCA IGM opened at $102.81 on Tuesday. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a twelve month low of $79.68 and a twelve month high of $108.73. The stock has a fifty day simple moving average of $104.71 and a 200 day simple moving average of $99.60.

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).