iShares Expanded Tech Sector ETF (NYSEARCA:IGM) Sees Unusually-High Trading Volume

Shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGMGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 119,027 shares were traded during trading, a decline of 46% from the previous session’s volume of 222,223 shares.The stock last traded at $85.21 and had previously closed at $86.66.

iShares Expanded Tech Sector ETF Trading Up 0.4 %

The stock has a market cap of $699.35 million, a price-to-earnings ratio of 32.18 and a beta of 1.18. The company has a 50 day simple moving average of $83.71 and a 200-day simple moving average of $74.30.

Hedge Funds Weigh In On iShares Expanded Tech Sector ETF

Large investors have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at about $110,310,000. Cerity Partners LLC grew its stake in iShares Expanded Tech Sector ETF by 541.1% in the fourth quarter. Cerity Partners LLC now owns 177,009 shares of the exchange traded fund’s stock valued at $79,332,000 after purchasing an additional 149,399 shares in the last quarter. Gray Foundation acquired a new position in shares of iShares Expanded Tech Sector ETF during the 4th quarter worth approximately $38,998,000. Citadel Advisors LLC raised its stake in shares of iShares Expanded Tech Sector ETF by 397.4% during the 2nd quarter. Citadel Advisors LLC now owns 35,226 shares of the exchange traded fund’s stock worth $10,370,000 after purchasing an additional 28,144 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new stake in shares of iShares Expanded Tech Sector ETF in the 4th quarter valued at approximately $10,176,000.

About iShares Expanded Tech Sector ETF

(Get Free Report)

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).

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