Kennedy Investment Group Buys 580 Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Kennedy Investment Group increased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 14.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,540 shares of the exchange traded fund’s stock after buying an additional 580 shares during the period. Kennedy Investment Group’s holdings in iShares Expanded Tech Sector ETF were worth $436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in iShares Expanded Tech Sector ETF by 3.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 53,038 shares of the exchange traded fund’s stock worth $23,771,000 after purchasing an additional 1,708 shares during the last quarter. International Assets Investment Management LLC raised its stake in iShares Expanded Tech Sector ETF by 458.1% in the 1st quarter. International Assets Investment Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $266,000 after acquiring an additional 2,515 shares during the period. Southland Equity Partners LLC increased its position in shares of iShares Expanded Tech Sector ETF by 552.4% during the first quarter. Southland Equity Partners LLC now owns 4,358 shares of the exchange traded fund’s stock valued at $376,000 after buying an additional 3,690 shares during the period. Ayalon Insurance Comp Ltd. increased its position in shares of iShares Expanded Tech Sector ETF by 500.0% during the first quarter. Ayalon Insurance Comp Ltd. now owns 11,826 shares of the exchange traded fund’s stock valued at $1,019,000 after buying an additional 9,855 shares during the period. Finally, CIC Wealth LLC increased its position in shares of iShares Expanded Tech Sector ETF by 494.1% during the first quarter. CIC Wealth LLC now owns 102,577 shares of the exchange traded fund’s stock valued at $8,840,000 after buying an additional 85,311 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

IGM traded up $0.06 during midday trading on Monday, hitting $98.08. The stock had a trading volume of 91,581 shares, compared to its average volume of 292,056. The company has a market cap of $4.94 billion, a P/E ratio of 7.11 and a beta of 1.53. The business has a fifty day moving average of $93.65 and a 200 day moving average of $90.86. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $99.52.

About iShares Expanded Tech Sector ETF

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).