Integrated Wealth Concepts LLC Grows Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Integrated Wealth Concepts LLC lifted its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 22.6% in the third quarter, HoldingsChannel.com reports. The firm owned 5,531 shares of the exchange traded fund’s stock after acquiring an additional 1,021 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Expanded Tech Sector ETF were worth $531,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IGM. Harmony Asset Management LLC lifted its stake in iShares Expanded Tech Sector ETF by 19.2% during the 3rd quarter. Harmony Asset Management LLC now owns 21,141 shares of the exchange traded fund’s stock worth $2,028,000 after acquiring an additional 3,405 shares in the last quarter. Hilltop Holdings Inc. lifted its stake in iShares Expanded Tech Sector ETF by 71.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 12,817 shares of the exchange traded fund’s stock worth $1,230,000 after acquiring an additional 5,358 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth about $681,000. Icon Wealth Advisors LLC acquired a new position in iShares Expanded Tech Sector ETF during the 3rd quarter worth about $1,409,000. Finally, Rockefeller Capital Management L.P. lifted its stake in iShares Expanded Tech Sector ETF by 5.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 42,812 shares of the exchange traded fund’s stock worth $4,107,000 after acquiring an additional 2,183 shares in the last quarter.

iShares Expanded Tech Sector ETF Trading Down 0.8 %

IGM opened at $103.61 on Wednesday. The stock’s 50-day moving average price is $99.34 and its 200 day moving average price is $94.77. iShares Expanded Tech Sector ETF has a 12-month low of $71.12 and a 12-month high of $105.65. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.

About iShares Expanded Tech Sector ETF

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).