Gray Foundation Has $57.08 Million Stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Gray Foundation grew its holdings in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 7.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 559,116 shares of the exchange traded fund’s stock after acquiring an additional 37,032 shares during the quarter. iShares Expanded Tech Sector ETF comprises approximately 16.3% of Gray Foundation’s holdings, making the stock its 2nd largest position. Gray Foundation owned approximately 1.11% of iShares Expanded Tech Sector ETF worth $57,080,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bank of Montreal Can increased its holdings in shares of iShares Expanded Tech Sector ETF by 64.7% during the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock valued at $114,662,000 after acquiring an additional 471,204 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 3rd quarter valued at $40,436,000. SteelPeak Wealth LLC boosted its position in shares of iShares Expanded Tech Sector ETF by 3,895.6% in the 4th quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock worth $38,710,000 after purchasing an additional 369,690 shares during the last quarter. Allworth Financial LP lifted its holdings in iShares Expanded Tech Sector ETF by 81,664.1% during the fourth quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after acquiring an additional 252,342 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in iShares Expanded Tech Sector ETF by 4,166.1% during the fourth quarter. Apollon Wealth Management LLC now owns 103,367 shares of the exchange traded fund’s stock worth $10,553,000 after acquiring an additional 100,944 shares in the last quarter.

iShares Expanded Tech Sector ETF Price Performance

Shares of iShares Expanded Tech Sector ETF stock opened at $102.81 on Tuesday. The stock’s 50-day moving average is $104.71 and its 200-day moving average is $99.60. The firm has a market cap of $5.18 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a one year low of $79.68 and a one year high of $108.73.

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).