NORTHSTAR ASSET MANAGEMENT Co Buys 6,300 Shares of iShares Expanded Tech Sector ETF $IGM

NORTHSTAR ASSET MANAGEMENT Co bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,300 shares of the exchange traded fund’s stock, valued at approximately $1,025,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC acquired a new stake in iShares Expanded Tech Sector ETF during the third quarter worth about $1,042,000. Indiana Trust & Investment Management Co purchased a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth about $40,000. Root Financial Partners LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter worth about $54,000. White Lighthouse Investment Management Inc. lifted its stake in shares of iShares Expanded Tech Sector ETF by 2.9% in the 3rd quarter. White Lighthouse Investment Management Inc. now owns 132,563 shares of the exchange traded fund’s stock valued at $22,408,000 after purchasing an additional 3,739 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at about $4,553,000.

iShares Expanded Tech Sector ETF Stock Up 0.3%

Shares of NYSEARCA IGM traded up $0.53 during midday trading on Friday, hitting $157.37. The stock had a trading volume of 290,682 shares, compared to its average volume of 565,968. iShares Expanded Tech Sector ETF has a 1-year low of $112.60 and a 1-year high of $175.16. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. The company has a fifty day moving average price of $164.03 and a 200 day moving average price of $157.28.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.