Tortoise Investment Management LLC Purchases 600 Shares of iShares Expanded Tech Sector ETF $IGM

Tortoise Investment Management LLC raised its position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 19.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,610 shares of the exchange traded fund’s stock after buying an additional 600 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares Expanded Tech Sector ETF were worth $406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC boosted its holdings in iShares Expanded Tech Sector ETF by 581.0% in the 1st quarter. Larson Financial Group LLC now owns 286 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 244 shares during the period. Mosaic Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF during the first quarter worth approximately $268,000. Wealth Alliance LLC acquired a new position in iShares Expanded Tech Sector ETF in the 1st quarter valued at $381,000. Integrity Investment Advisors LLC acquired a new position in iShares Expanded Tech Sector ETF in the 1st quarter valued at $4,510,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 1st quarter worth $266,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of NYSEARCA IGM opened at $128.48 on Monday. The stock has a market capitalization of $9.64 billion, a P/E ratio of 34.08 and a beta of 1.27. The stock’s fifty day moving average is $127.87 and its 200 day moving average is $116.32. iShares Expanded Tech Sector ETF has a 52 week low of $76.26 and a 52 week high of $135.81.

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).