Houlihan Financial Resource Group Ltd. Has $2.25 Million Position in iShares Expanded Tech Sector ETF $IGM

Houlihan Financial Resource Group Ltd. raised its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 125.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,402 shares of the exchange traded fund’s stock after buying an additional 9,679 shares during the period. Houlihan Financial Resource Group Ltd.’s holdings in iShares Expanded Tech Sector ETF were worth $2,246,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $28,000. Atlantic Union Bankshares Corp increased its holdings in iShares Expanded Tech Sector ETF by 153.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 144 shares during the last quarter. FAS Wealth Partners Inc. acquired a new position in iShares Expanded Tech Sector ETF in the second quarter worth approximately $28,000. Cary Street Partners Financial LLC acquired a new position in iShares Expanded Tech Sector ETF in the fourth quarter worth approximately $37,000. Finally, Clearstead Trust LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at $39,000.

iShares Expanded Tech Sector ETF Trading Up 1.4%

IGM stock opened at $162.67 on Friday. iShares Expanded Tech Sector ETF has a 1 year low of $100.88 and a 1 year high of $163.07. The company has a fifty day simple moving average of $138.37 and a 200 day simple moving average of $131.68. The firm has a market cap of $10.86 billion, a PE 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.