iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Sets New 12-Month High at $96.25

Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) reached a new 52-week high on Wednesday . The company traded as high as $96.25 and last traded at $96.22, with a volume of 103717 shares. The stock had previously closed at $95.62.

iShares Expanded Tech Sector ETF Price Performance

The stock’s 50 day simple moving average is $89.11 and its two-hundred day simple moving average is $83.97. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.

Institutional Trading of iShares Expanded Tech Sector ETF

A number of hedge funds have recently modified their holdings of the company. Fortis Group Advisors LLC acquired a new position in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at approximately $26,000. Anchor Investment Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $29,000. Pittenger & Anderson Inc. grew its position in iShares Expanded Tech Sector ETF by 500.0% in the first quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 325 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in iShares Expanded Tech Sector ETF by 237.0% during the first quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 301 shares during the last quarter. Finally, Atticus Wealth Management LLC increased its position in shares of iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Atticus Wealth Management LLC now owns 444 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 370 shares during the last quarter.

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).