Decker Wealth Management LLC Takes Position in iShares Expanded Tech Sector ETF $IGM

Decker Wealth Management LLC purchased a new stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the first quarter, HoldingsChannel reports. The fund purchased 103,870 shares of the exchange traded fund’s stock, valued at approximately $12,310,000. iShares Expanded Tech Sector ETF comprises about 2.8% of Decker Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AK Global Asset Management LLC purchased a new stake in iShares Expanded Tech Sector ETF during the fourth quarter valued at approximately $2,097,000. Dynamic Wealth Strategies LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 4.5% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 99,109 shares of the exchange traded fund’s stock valued at $12,801,000 after purchasing an additional 4,277 shares during the last quarter. Legacy Edge Advisors LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $1,540,000. Osprey Private Wealth LLC purchased a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $530,000. Finally, Financial Planning Hawaii Inc. bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at approximately $777,000.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA IGM opened at $153.30 on Monday. The business’s 50 day moving average price is $159.29 and its 200-day moving average price is $139.55. iShares Expanded Tech Sector ETF has a fifty-two week low of $112.60 and a fifty-two week high of $171.48. The company has a market cap of $10.03 billion, a P/E ratio of 34.08 and a beta of 1.39.

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.