iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 12-Month Low – Here’s Why

iShares Expanded Tech-Software Sector ETF (BATS:IGVGet Free Report) hit a new 52-week low on Monday . The company traded as low as $98.80 and last traded at $106.00, with a volume of 4786034 shares traded. The stock had previously closed at $97.41.

iShares Expanded Tech-Software Sector ETF Stock Performance

The business has a fifty day moving average of $103.22 and a two-hundred day moving average of $95.07. The firm has a market capitalization of $8.27 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Several hedge funds have recently added to or reduced their stakes in IGV. Morse Asset Management Inc bought a new position in iShares Expanded Tech-Software Sector ETF during the 3rd quarter worth $25,000. Rosenberg Matthew Hamilton bought a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at approximately $32,000. Ethos Financial Group LLC bought a new stake in iShares Expanded Tech-Software Sector ETF during the fourth quarter valued at $40,000. Fortitude Family Office LLC bought a new position in shares of iShares Expanded Tech-Software Sector ETF during the 3rd quarter worth approximately $45,000. Finally, Aspect Partners LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF during the fourth quarter valued at approximately $56,000.

iShares Expanded Tech-Software Sector ETF Company Profile

(Get Free Report)

iShares North American Tech-Software ETF (the Fund), formerly iShares S&P North American Technology-Software Index Fund, is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P North American Technology Software Index (the Underlying Index).

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