UBS Group AG Has $66.24 Million Position in iShares Expanded Tech Sector ETF $IGM

UBS Group AG lowered its holdings in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 512,887 shares of the exchange traded fund’s stock after selling 15,364 shares during the quarter. UBS Group AG owned about 0.75% of iShares Expanded Tech Sector ETF worth $66,244,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Expanded Tech Sector ETF by 843.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,363,724 shares of the exchange traded fund’s stock worth $423,661,000 after purchasing an additional 3,007,140 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Expanded Tech Sector ETF by 101.6% during the third quarter. Bank of America Corp DE now owns 5,280,818 shares of the exchange traded fund’s stock worth $665,119,000 after purchasing an additional 2,660,957 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Expanded Tech Sector ETF by 393.9% during the third quarter. Raymond James Financial Inc. now owns 2,879,177 shares of the exchange traded fund’s stock worth $362,632,000 after purchasing an additional 2,296,259 shares in the last quarter. Truist Financial Corp lifted its position in shares of iShares Expanded Tech Sector ETF by 1,165.7% during the third quarter. Truist Financial Corp now owns 2,016,040 shares of the exchange traded fund’s stock worth $253,920,000 after purchasing an additional 1,856,762 shares in the last quarter. Finally, WestEnd Advisors LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the third quarter worth approximately $224,760,000.

iShares Expanded Tech Sector ETF Trading Up 0.0%

Shares of IGM stock opened at $145.00 on Tuesday. iShares Expanded Tech Sector ETF has a 1 year low of $93.79 and a 1 year high of $145.93. The firm’s 50 day moving average is $127.32 and its 200-day moving average is $128.62. The firm has a market capitalization of $9.68 billion, a price-to-earnings ratio of 34.08 and a beta of 1.36.

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.