3,922 Shares in iShares Expanded Tech Sector ETF $IGM Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,922 shares of the exchange traded fund’s stock, valued at approximately $494,000.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in iShares Expanded Tech Sector ETF in the first quarter worth about $274,000. Goldman Sachs Group Inc. lifted its position in iShares Expanded Tech Sector ETF by 6.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 179,105 shares of the exchange traded fund’s stock valued at $16,239,000 after acquiring an additional 10,218 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares Expanded Tech Sector ETF by 0.5% during the second quarter. Janney Montgomery Scott LLC now owns 188,571 shares of the exchange traded fund’s stock valued at $21,184,000 after purchasing an additional 916 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in iShares Expanded Tech Sector ETF by 41.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 9,582 shares of the exchange traded fund’s stock valued at $1,076,000 after acquiring an additional 2,820 shares during the period. Finally, One Wealth Advisors LLC lifted its position in iShares Expanded Tech Sector ETF by 11.0% during the second quarter. One Wealth Advisors LLC now owns 14,523 shares of the exchange traded fund’s stock valued at $1,632,000 after purchasing an additional 1,443 shares during the period.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA IGM opened at $132.25 on Wednesday. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 34.08 and a beta of 1.27. iShares Expanded Tech Sector ETF has a 1-year low of $76.26 and a 1-year high of $135.81. The business’s fifty day moving average price is $129.88 and its 200-day moving average price is $125.28.

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). 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.