Financial Planning Hawaii Inc. Makes New Investment in iShares Expanded Tech Sector ETF $IGM

Financial Planning Hawaii Inc. bought a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 6,012 shares of the exchange traded fund’s stock, valued at approximately $777,000.

A number of other hedge funds have also made changes to their positions in the company. Northstar Advisory Group LLC increased its position in shares of iShares Expanded Tech Sector ETF by 327.0% in the fourth quarter. Northstar Advisory Group LLC now owns 54,756 shares of the exchange traded fund’s stock valued at $7,072,000 after buying an additional 41,933 shares in the last quarter. Cypress Wealth Services LLC boosted its position in shares of iShares Expanded Tech Sector ETF by 32.3% in the 4th quarter. Cypress Wealth Services LLC now owns 10,016 shares of the exchange traded fund’s stock worth $1,294,000 after buying an additional 2,448 shares in the last quarter. Accurate Wealth Management LLC grew its stake in iShares Expanded Tech Sector ETF by 40.0% in the 4th quarter. Accurate Wealth Management LLC now owns 6,994 shares of the exchange traded fund’s stock valued at $917,000 after acquiring an additional 1,997 shares during the last quarter. Asempa Wealth Advisors acquired a new stake in iShares Expanded Tech Sector ETF in the 4th quarter valued at about $832,000. Finally, Unique Wealth LLC increased its holdings in iShares Expanded Tech Sector ETF by 2.8% during the 4th quarter. Unique Wealth LLC now owns 12,843 shares of the exchange traded fund’s stock valued at $1,659,000 after acquiring an additional 355 shares in the last quarter.

iShares Expanded Tech Sector ETF Trading Down 1.7%

Shares of IGM opened at $113.31 on Tuesday. The stock has a market cap of $7.81 billion, a P/E ratio of 34.08 and a beta of 1.27. The company has a 50-day moving average of $124.85 and a two-hundred day moving average of $127.59. iShares Expanded Tech Sector ETF has a 12-month low of $76.26 and a 12-month high of $135.81.

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.