Capital Wealth Alliance LLC Boosts Holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Capital Wealth Alliance LLC raised its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,046 shares of the exchange traded fund’s stock after acquiring an additional 1,582 shares during the quarter. Capital Wealth Alliance LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,128,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IGM. JPMorgan Chase & Co. increased its position in shares of iShares Expanded Tech Sector ETF by 13.6% in the third quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock valued at $70,551,000 after buying an additional 88,089 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares Expanded Tech Sector ETF by 86.1% during the 3rd quarter. Jane Street Group LLC now owns 9,600 shares of the exchange traded fund’s stock worth $921,000 after purchasing an additional 4,442 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in iShares Expanded Tech Sector ETF by 796.7% in the 4th 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 in the last quarter. Park Avenue Securities LLC increased its position in shares of iShares Expanded Tech Sector ETF by 68.3% during the fourth quarter. Park Avenue Securities LLC now owns 6,800 shares of the exchange traded fund’s stock worth $694,000 after purchasing an additional 2,760 shares in the last quarter. Finally, FMR LLC raised its position in shares of iShares Expanded Tech Sector ETF by 8.8% in the third quarter. FMR LLC now owns 31,272 shares of the exchange traded fund’s stock valued at $3,000,000 after buying an additional 2,519 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Up 1.4 %

IGM opened at $106.82 on Tuesday. The firm has a market capitalization of $5.38 billion, a PE ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a twelve month low of $79.47 and a twelve month high of $107.87. The firm’s 50-day moving average price is $104.25 and its 200 day moving average price is $98.14.

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).