Transcendent Capital Group LLC Takes $42,000 Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Transcendent Capital Group LLC 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 416 shares of the exchange traded fund’s stock, valued at approximately $42,000.

Several other institutional investors also recently bought and sold shares of IGM. Private Wealth Management Group LLC bought a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter valued at about $36,000. AdvisorNet Financial Inc lifted its position in shares of iShares Expanded Tech Sector ETF by 796.7% in the fourth quarter. AdvisorNet Financial Inc now owns 538 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 478 shares in the last quarter. Assetmark Inc. purchased a new position in iShares Expanded Tech Sector ETF during the 3rd quarter valued at approximately $63,000. CENTRAL TRUST Co bought a new stake in iShares Expanded Tech Sector ETF in the 4th quarter worth approximately $83,000. Finally, Synergy Asset Management LLC purchased a new stake in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $89,000.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $102.81 on Tuesday. The firm has a market cap of $5.18 billion, a PE ratio of 7.11 and a beta of 1.53. The firm has a fifty day moving average price of $104.71 and a 200 day moving average price of $99.60. iShares Expanded Tech Sector ETF has a fifty-two week low of $79.68 and a fifty-two week 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).