Prostatis Group LLC Raises Stock Position in iShares Expanded Tech Sector ETF $IGM

Prostatis Group LLC boosted its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 113.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 78,614 shares of the exchange traded fund’s stock after acquiring an additional 41,787 shares during the quarter. iShares Expanded Tech Sector ETF makes up approximately 2.5% of Prostatis Group LLC’s portfolio, making the stock its 7th largest holding. Prostatis Group LLC’s holdings in iShares Expanded Tech Sector ETF were worth $8,831,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. bought a new position in iShares Expanded Tech Sector ETF during the first quarter valued at approximately $26,000. Larson Financial Group LLC raised its position in iShares Expanded Tech Sector ETF by 581.0% during the first quarter. Larson Financial Group LLC now owns 286 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 244 shares in the last quarter. CX Institutional bought a new position in iShares Expanded Tech Sector ETF during the first quarter valued at approximately $27,000. Creative Capital Management Investments LLC bought a new position in iShares Expanded Tech Sector ETF during the second quarter valued at approximately $28,000. Finally, Capital Advisors Ltd. LLC bought a new position in iShares Expanded Tech Sector ETF during the second quarter valued at approximately $37,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $124.25 on Friday. The firm has a market cap of $9.16 billion, a PE ratio of 34.08 and a beta of 1.18. The firm’s 50 day moving average price is $121.31 and its 200 day moving average price is $108.52. iShares Expanded Tech Sector ETF has a twelve month low of $76.26 and a twelve month high of $129.92.

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).