iShares Expanded Tech Sector ETF $IGM Shares Newly Bought by Lido Advisors LLC

Lido Advisors LLC acquired a new position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 229,088 shares of the exchange traded fund’s stock, valued at approximately $38,725,000. Lido Advisors LLC owned 0.33% of iShares Expanded Tech Sector ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its position in shares of iShares Expanded Tech Sector ETF by 30.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 999 shares of the exchange traded fund’s stock valued at $170,000 after acquiring an additional 232 shares during the period. Journey Beyond Wealth LLC raised its holdings in iShares Expanded Tech Sector ETF by 0.7% in the 3rd quarter. Journey Beyond Wealth LLC now owns 27,473 shares of the exchange traded fund’s stock worth $4,644,000 after purchasing an additional 200 shares during the period. Edgemoor Investment Advisors Inc. acquired a new position in iShares Expanded Tech Sector ETF in the 3rd quarter worth about $245,000. Avantax Planning Partners Inc. acquired a new position in iShares Expanded Tech Sector ETF in the 3rd quarter worth about $599,000. Finally, Brighton Jones LLC purchased a new position in iShares Expanded Tech Sector ETF during the third quarter worth approximately $313,000.

iShares Expanded Tech Sector ETF Trading Down 0.6%

Shares of IGM stock opened at $146.70 on Wednesday. iShares Expanded Tech Sector ETF has a 12-month low of $112.60 and a 12-month high of $175.16. The business’s 50 day moving average is $162.07 and its two-hundred day moving average is $148.83. The company has a market capitalization of $10.08 billion, a P/E ratio of 34.08 and a beta of 1.42.

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). The Index has been developed as an equity benchmark for the United States-traded, technology-related stocks. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.