LPL Financial LLC Has $187.79 Million Stake in iShares Expanded Tech Sector ETF $IGM

LPL Financial LLC decreased its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 9.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,453,943 shares of the exchange traded fund’s stock after selling 154,914 shares during the quarter. LPL Financial LLC owned about 2.11% of iShares Expanded Tech Sector ETF worth $187,791,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Assetmark Inc. grew its position in shares of iShares Expanded Tech Sector ETF by 22,603.5% during the 3rd quarter. Assetmark Inc. now owns 195,477 shares of the exchange traded fund’s stock worth $24,620,000 after buying an additional 194,616 shares during the period. AK Global Asset Management LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $2,097,000. Advisory Alpha LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $614,000. Victory Capital Management Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF during the 3rd quarter worth approximately $78,380,000. Finally, Dynamic Wealth Strategies LLC grew its position in shares of iShares Expanded Tech Sector ETF by 4.5% during the 4th quarter. Dynamic Wealth Strategies LLC now owns 99,109 shares of the exchange traded fund’s stock worth $12,801,000 after buying an additional 4,277 shares during the period.

iShares Expanded Tech Sector ETF Stock Down 1.6%

Shares of IGM stock opened at $156.87 on Wednesday. The firm has a 50 day moving average of $145.37 and a 200-day moving average of $133.72. iShares Expanded Tech Sector ETF has a 52 week low of $105.36 and a 52 week high of $171.48. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39.

iShares Expanded Tech Sector ETF Company 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.