Physician Wealth Advisors Inc. Makes New $52,000 Investment in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Physician Wealth Advisors Inc. bought a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 505 shares of the exchange traded fund’s stock, valued at approximately $52,000.

A number of other hedge funds have also modified their holdings of IGM. Raymond James Financial Inc. acquired a new stake in shares of iShares Expanded Tech Sector ETF in the fourth quarter valued at approximately $64,519,000. Wellington Management Group LLP bought a new position in shares of iShares Expanded Tech Sector ETF in the third quarter valued at about $40,436,000. SteelPeak Wealth LLC raised its position in shares of iShares Expanded Tech Sector ETF by 3,895.6% in the fourth quarter. SteelPeak Wealth LLC now owns 379,180 shares of the exchange traded fund’s stock valued at $38,710,000 after purchasing an additional 369,690 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Expanded Tech Sector ETF by 29.6% during the 4th quarter. LPL Financial LLC now owns 1,161,225 shares of the exchange traded fund’s stock worth $118,549,000 after buying an additional 265,134 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of iShares Expanded Tech Sector ETF by 81,664.1% during the 4th quarter. Allworth Financial LP now owns 252,651 shares of the exchange traded fund’s stock worth $27,046,000 after buying an additional 252,342 shares during the period.

iShares Expanded Tech Sector ETF Stock Down 0.2 %

iShares Expanded Tech Sector ETF stock opened at $90.67 on Tuesday. The company’s 50-day moving average price is $100.74 and its two-hundred day moving average price is $100.33. The stock has a market cap of $5.19 billion, a P/E ratio of 31.39 and a beta of 1.20. iShares Expanded Tech Sector ETF has a twelve month low of $79.68 and a twelve month high of $108.73.

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).