iShares Expanded Tech-Software Sector ETF $IGV Stock Position Decreased by Parallel Advisors LLC

Parallel Advisors LLC lessened its position in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 44.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,963 shares of the company’s stock after selling 8,804 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,167,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGV. Ninety One UK Ltd acquired a new position in shares of iShares Expanded Tech-Software Sector ETF in the third quarter worth $50,789,000. Ayalon Insurance Comp Ltd. boosted its position in iShares Expanded Tech-Software Sector ETF by 50.2% during the third quarter. Ayalon Insurance Comp Ltd. now owns 388,765 shares of the company’s stock worth $41,396,000 after acquiring an additional 129,914 shares during the last quarter. Ninety One SA Pty Ltd boosted its position in iShares Expanded Tech-Software Sector ETF by 105.2% during the third quarter. Ninety One SA Pty Ltd now owns 165,865 shares of the company’s stock worth $17,699,000 after acquiring an additional 85,016 shares during the last quarter. Aurora Investment Managers LLC. purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 2nd quarter worth approximately $6,910,000. Finally, GoalVest Advisory LLC acquired a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at $6,458,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

Shares of IGV opened at $100.33 on Wednesday. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $73.93 and a fifty-two week high of $113.70. The company has a market capitalization of $12.58 billion, a PE ratio of 35.19 and a beta of 1.18. The stock has a fifty day moving average of $106.35 and a two-hundred day moving average of $94.19.

iShares Expanded Tech-Software Sector ETF Profile

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). The Underlying Index measures the performance of United States-traded stocks of software-related companies in the United States and Canada. The Underlying Index includes companies that are producers of client/server applications, enterprise software, application software, personal computers and home entertainment software.