Calamos Wealth Management LLC Makes New $236,000 Investment in iShares Expanded Tech Sector ETF $IGM

Calamos Wealth Management LLC acquired a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,100 shares of the exchange traded fund’s stock, valued at approximately $236,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Blair William & Co. IL boosted its holdings in iShares Expanded Tech Sector ETF by 117.7% in the second quarter. Blair William & Co. IL now owns 5,387 shares of the exchange traded fund’s stock worth $605,000 after purchasing an additional 2,913 shares during the period. Ameritas Advisory Services LLC bought a new stake in iShares Expanded Tech Sector ETF in the second quarter valued at $119,000. Capital Advisors Ltd. LLC bought a new stake in iShares Expanded Tech Sector ETF in the second quarter valued at $37,000. Magnus Financial Group LLC bought a new stake in iShares Expanded Tech Sector ETF in the second quarter valued at $239,000. Finally, Perigon Wealth Management LLC lifted its stake in iShares Expanded Tech Sector ETF by 11.5% in the second quarter. Perigon Wealth Management LLC now owns 21,161 shares of the exchange traded fund’s stock valued at $2,377,000 after buying an additional 2,177 shares during the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $127.81 on Monday. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 34.08 and a beta of 1.18. iShares Expanded Tech Sector ETF has a 1 year low of $76.26 and a 1 year high of $129.92. The stock’s fifty day moving average is $122.41 and its two-hundred day moving average is $109.92.

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).