Manhattan West Asset Management LLC Buys Shares of 2,412 iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Manhattan West Asset Management LLC bought a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,412 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other hedge funds have also modified their holdings of IGM. Signature Estate & Investment Advisors LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 445.7% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,009,071 shares of the exchange traded fund’s stock worth $86,962,000 after purchasing an additional 824,164 shares in the last quarter. Gray Foundation lifted its position in shares of iShares Expanded Tech Sector ETF by 500.0% during the first quarter. Gray Foundation now owns 522,084 shares of the exchange traded fund’s stock worth $44,993,000 after purchasing an additional 435,070 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares Expanded Tech Sector ETF by 572.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,000 shares of the exchange traded fund’s stock worth $28,008,000 after purchasing an additional 276,700 shares in the last quarter. Raymond James & Associates lifted its position in shares of iShares Expanded Tech Sector ETF by 376.6% during the first quarter. Raymond James & Associates now owns 306,070 shares of the exchange traded fund’s stock worth $26,377,000 after purchasing an additional 241,854 shares in the last quarter. Finally, GM Advisory Group LLC lifted its position in shares of iShares Expanded Tech Sector ETF by 537.6% during the first quarter. GM Advisory Group LLC now owns 287,719 shares of the exchange traded fund’s stock worth $24,796,000 after purchasing an additional 242,597 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Up 1.2 %

IGM stock traded up $1.10 during trading on Friday, hitting $90.66. 449,806 shares of the company’s stock traded hands, compared to its average volume of 289,562. iShares Expanded Tech Sector ETF has a 52 week low of $60.65 and a 52 week high of $98.70. The stock has a fifty day moving average price of $92.89 and a two-hundred day moving average price of $86.65. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53.

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).