iShares Expanded Tech Sector ETF (NYSEARCA:IGM) is Fairscale Capital LLC’s 2nd Largest Position

Fairscale Capital LLC raised its stake in iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 4.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 81,925 shares of the exchange traded fund’s stock after buying an additional 3,443 shares during the period. iShares Expanded Tech Sector ETF accounts for approximately 6.9% of Fairscale Capital LLC’s investment portfolio, making the stock its 2nd largest position. Fairscale Capital LLC’s holdings in iShares Expanded Tech Sector ETF were worth $7,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 499.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,199 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 999 shares during the period. EP Wealth Advisors LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 492.1% during the 1st quarter. EP Wealth Advisors LLC now owns 5,412 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 4,498 shares during the period. Quadrature Capital Ltd purchased a new position in shares of iShares Expanded Tech Sector ETF during the 1st quarter worth $379,000. Lazard Asset Management LLC grew its holdings in shares of iShares Expanded Tech Sector ETF by 500.0% during the 1st quarter. Lazard Asset Management LLC now owns 7,110 shares of the exchange traded fund’s stock worth $612,000 after purchasing an additional 5,925 shares during the period. Finally, High Falls Advisors Inc grew its holdings in shares of iShares Expanded Tech Sector ETF by 500.9% during the 1st quarter. High Falls Advisors Inc now owns 4,068 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 3,391 shares during the period.

iShares Expanded Tech Sector ETF Trading Up 0.1 %

NYSEARCA IGM opened at $100.95 on Friday. The stock has a fifty day simple moving average of $97.51 and a 200-day simple moving average of $93.53. iShares Expanded Tech Sector ETF has a twelve month low of $69.16 and a twelve month high of $102.61. The stock has a market cap of $5.09 billion, a PE ratio of 7.11 and a beta of 1.53.

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).