Choreo LLC Grows Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Choreo LLC raised its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 16.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,392 shares of the exchange traded fund’s stock after acquiring an additional 470 shares during the quarter. Choreo LLC’s holdings in iShares Expanded Tech Sector ETF were worth $322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Financial Gravity Asset Management Inc. grew its stake in iShares Expanded Tech Sector ETF by 252.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 282 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 202 shares during the period. Mather Group LLC. acquired a new position in iShares Expanded Tech Sector ETF in the second quarter valued at $31,000. Pittenger & Anderson Inc. increased its stake in iShares Expanded Tech Sector ETF by 500.0% in the first quarter. Pittenger & Anderson Inc. now owns 390 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 325 shares during the last quarter. Fortis Group Advisors LLC lifted its position in iShares Expanded Tech Sector ETF by 200.0% during the first quarter. Fortis Group Advisors LLC now owns 402 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 268 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in iShares Expanded Tech Sector ETF by 237.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 428 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 301 shares during the last quarter.

iShares Expanded Tech Sector ETF Price Performance

NYSEARCA IGM opened at $92.38 on Wednesday. The company has a market cap of $4.66 billion, a P/E ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 12 month low of $60.65 and a 12 month high of $98.70. The company has a 50-day moving average of $91.48 and a 200-day moving average of $89.23.

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).