iShares Expanded Tech Sector ETF $IGM Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 131,505.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 50,010 shares of the exchange traded fund’s stock after acquiring an additional 49,972 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Expanded Tech Sector ETF were worth $6,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Tucker Asset Management LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $28,000. Atlantic Union Bankshares Corp lifted its holdings in shares of iShares Expanded Tech Sector ETF by 153.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 238 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 144 shares during the last quarter. FAS Wealth Partners Inc. bought a new stake in shares of iShares Expanded Tech Sector ETF in the 2nd quarter worth approximately $28,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $37,000. Finally, Clearstead Trust LLC bought a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $39,000.

iShares Expanded Tech Sector ETF Trading Down 1.6%

Shares of NYSEARCA IGM opened at $156.87 on Wednesday. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 34.08 and a beta of 1.39. iShares Expanded Tech Sector ETF has a 12-month low of $105.36 and a 12-month high of $171.48. The stock’s 50 day simple moving average is $145.37 and its 200 day simple moving average is $133.72.

iShares Expanded Tech Sector ETF 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.