Nikulski Financial Inc. Increases Position in iShares Expanded Tech Sector ETF (NYSEARCA:IGM)

Nikulski Financial Inc. raised its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 12.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,298 shares of the exchange traded fund’s stock after purchasing an additional 1,981 shares during the period. Nikulski Financial Inc.’s holdings in iShares Expanded Tech Sector ETF were worth $1,766,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IGM. Signature Estate & Investment Advisors LLC raised its holdings in shares of iShares Expanded Tech Sector ETF by 4.0% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,855,115 shares of the exchange traded fund’s stock valued at $177,980,000 after buying an additional 71,852 shares in the last quarter. Bank of Montreal Can lifted its holdings in iShares Expanded Tech Sector ETF by 64.7% in the 3rd quarter. Bank of Montreal Can now owns 1,199,146 shares of the exchange traded fund’s stock worth $114,662,000 after buying an additional 471,204 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Expanded Tech Sector ETF by 13.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 735,364 shares of the exchange traded fund’s stock worth $70,551,000 after purchasing an additional 88,089 shares during the period. Wellington Management Group LLP bought a new position in iShares Expanded Tech Sector ETF in the third quarter worth about $40,436,000. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares Expanded Tech Sector ETF by 0.4% in the third quarter. Janney Montgomery Scott LLC now owns 207,919 shares of the exchange traded fund’s stock worth $19,948,000 after buying an additional 820 shares during the period.

iShares Expanded Tech Sector ETF Stock Performance

IGM stock opened at $106.94 on Friday. iShares Expanded Tech Sector ETF has a fifty-two week low of $77.98 and a fifty-two week high of $107.87. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 7.11 and a beta of 1.53. The business’s 50 day moving average price is $103.23 and its two-hundred day moving average price is $97.37.

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).