OVERSEA CHINESE BANKING Corp Ltd Purchases 55,724 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

OVERSEA CHINESE BANKING Corp Ltd lifted its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 84.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 121,435 shares of the exchange traded fund’s stock after buying an additional 55,724 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Expanded Tech Sector ETF were worth $12,397,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Morling Financial Advisors LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $30,000. Private Wealth Management Group LLC bought a new stake in iShares Expanded Tech Sector ETF during the fourth quarter valued at about $36,000. Transcendent Capital Group LLC bought a new position in iShares Expanded Tech Sector ETF in the fourth quarter worth about $42,000. AdvisorNet Financial Inc lifted its position 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 valued at $55,000 after buying an additional 478 shares during the last quarter. Finally, TruNorth Capital Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at about $58,000.

iShares Expanded Tech Sector ETF Stock Down 1.9 %

Shares of iShares Expanded Tech Sector ETF stock opened at $93.24 on Wednesday. The company has a market cap of $5.34 billion, a P/E ratio of 32.57 and a beta of 1.20. The firm’s 50 day moving average price is $102.26 and its 200-day moving average price is $100.05. iShares Expanded Tech Sector ETF has a 52-week low of $79.68 and a 52-week high of $108.73.

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).