OVERSEA CHINESE BANKING Corp Ltd Has $12.40 Million Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 84.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,435 shares of the exchange traded fund’s stock after acquiring an additional 55,724 shares during the period. OVERSEA CHINESE BANKING Corp Ltd owned about 0.24% of iShares Expanded Tech Sector ETF worth $12,397,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. acquired a new position in iShares Expanded Tech Sector ETF during the third quarter worth about $63,000. Prospera Financial Services Inc increased its position in iShares Expanded Tech Sector ETF by 4.4% during the 3rd quarter. Prospera Financial Services Inc now owns 20,453 shares of the exchange traded fund’s stock worth $1,962,000 after purchasing an additional 854 shares in the last quarter. Moors & Cabot Inc. lifted its stake in iShares Expanded Tech Sector ETF by 11.0% in the 3rd quarter. Moors & Cabot Inc. now owns 6,049 shares of the exchange traded fund’s stock valued at $580,000 after purchasing an additional 600 shares during the last quarter. CFS Investment Advisory Services LLC acquired a new stake in iShares Expanded Tech Sector ETF in the third quarter valued at approximately $292,000. Finally, Icon Wealth Advisors LLC bought a new stake in shares of iShares Expanded Tech Sector ETF during the third quarter worth $1,127,000.

iShares Expanded Tech Sector ETF Stock Performance

Shares of IGM opened at $93.24 on Wednesday. The stock has a market capitalization of $5.34 billion, a price-to-earnings ratio of 32.57 and a beta of 1.20. iShares Expanded Tech Sector ETF has a 52 week low of $79.68 and a 52 week high of $108.73. The stock has a fifty day moving average of $102.26 and a 200-day moving average of $100.05.

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).