Kowal Investment Group LLC Invests $614,000 in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Kowal Investment Group LLC purchased a new position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 6,404 shares of the exchange traded fund’s stock, valued at approximately $614,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its stake in iShares Expanded Tech Sector ETF by 3.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 53,038 shares of the exchange traded fund’s stock worth $23,771,000 after purchasing an additional 1,708 shares during the period. CWM LLC lifted its holdings in shares of iShares Expanded Tech Sector ETF by 498.0% during the first quarter. CWM LLC now owns 63,941 shares of the exchange traded fund’s stock worth $5,510,000 after purchasing an additional 53,249 shares during the period. Bank of New Hampshire grew its position in iShares Expanded Tech Sector ETF by 500.0% in the 1st quarter. Bank of New Hampshire now owns 2,580 shares of the exchange traded fund’s stock valued at $222,000 after buying an additional 2,150 shares during the last quarter. Grassi Investment Management raised its position in iShares Expanded Tech Sector ETF by 499.9% during the 1st quarter. Grassi Investment Management now owns 5,555 shares of the exchange traded fund’s stock worth $479,000 after buying an additional 4,629 shares during the last quarter. Finally, Legacy Financial Strategies LLC boosted its holdings in shares of iShares Expanded Tech Sector ETF by 478.7% in the first quarter. Legacy Financial Strategies LLC now owns 247,896 shares of the exchange traded fund’s stock valued at $21,364,000 after acquiring an additional 205,059 shares in the last quarter.

iShares Expanded Tech Sector ETF Stock Performance

NYSEARCA:IGM opened at $97.46 on Thursday. The stock has a fifty day moving average price of $93.25 and a two-hundred day moving average price of $90.67. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. iShares Expanded Tech Sector ETF has a 1 year low of $60.65 and a 1 year high of $99.52.

iShares Expanded Tech Sector ETF 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).