Simplicity Wealth LLC Has $776,000 Position in iShares Expanded Tech Sector ETF $IGM

Simplicity Wealth LLC reduced its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 44.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,009 shares of the exchange traded fund’s stock after selling 4,810 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Expanded Tech Sector ETF were worth $776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. FAS Wealth Partners Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the second quarter worth about $28,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Expanded Tech Sector ETF during the third quarter worth about $38,000. Avion Wealth boosted its position in shares of iShares Expanded Tech Sector ETF by 47.6% during the third quarter. Avion Wealth now owns 310 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 100 shares during the period. Root Financial Partners LLC acquired a new position in shares of iShares Expanded Tech Sector ETF during the third quarter worth about $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Expanded Tech Sector ETF during the fourth quarter worth about $45,000.

iShares Expanded Tech Sector ETF Price Performance

IGM stock opened at $142.98 on Friday. The stock has a market capitalization of $9.54 billion, a P/E ratio of 34.08 and a beta of 1.31. The business has a 50-day moving average of $127.32 and a 200-day moving average of $128.59. iShares Expanded Tech Sector ETF has a fifty-two week low of $93.79 and a fifty-two week high of $143.13.

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.