Farther Finance Advisors LLC Boosts Holdings in iShares Expanded Tech Sector ETF $IGM

Farther Finance Advisors LLC increased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 387.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,648 shares of the exchange traded fund’s stock after buying an additional 6,875 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Expanded Tech Sector ETF were worth $1,089,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC increased its stake in iShares Expanded Tech Sector ETF by 1.7% during the second quarter. Signature Estate & Investment Advisors LLC now owns 1,929,928 shares of the exchange traded fund’s stock worth $216,808,000 after acquiring an additional 31,940 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of iShares Expanded Tech Sector ETF by 32.4% in the 2nd quarter. Bank of Montreal Can now owns 1,529,365 shares of the exchange traded fund’s stock valued at $171,809,000 after purchasing an additional 374,304 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of iShares Expanded Tech Sector ETF by 3.1% during the 1st quarter. Royal Bank of Canada now owns 1,259,022 shares of the exchange traded fund’s stock worth $114,155,000 after purchasing an additional 37,750 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Expanded Tech Sector ETF by 0.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 917,005 shares of the exchange traded fund’s stock worth $103,016,000 after purchasing an additional 7,627 shares during the period. Finally, Cerity Partners LLC increased its position in shares of iShares Expanded Tech Sector ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 907,585 shares of the exchange traded fund’s stock worth $101,958,000 after purchasing an additional 5,977 shares during the last quarter.

iShares Expanded Tech Sector ETF Trading Up 0.1%

Shares of IGM opened at $131.28 on Monday. The company’s 50-day moving average price is $130.03 and its 200 day moving average price is $122.17. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81. The firm has a market cap of $9.85 billion, a P/E ratio of 34.08 and a beta of 1.27.

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.