iShares Expanded Tech-Software Sector ETF (BATS:IGV) Sets New 12-Month Low at $78.40

iShares Expanded Tech-Software Sector ETF (BATS:IGV) shares hit a new 52-week low on Monday . The stock traded as low as $78.40 and last traded at $79.48, with a volume of 5129101 shares trading hands. The stock had previously closed at $78.53.

iShares Expanded Tech-Software Sector ETF Price Performance

The company has a market capitalization of $6.40 billion, a P/E ratio of 11.57 and a beta of 1.39. The company’s 50-day moving average price is $84.37 and its two-hundred day moving average price is $79.99.

Hedge Funds Weigh In On iShares Expanded Tech-Software Sector ETF

Several large investors have recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. increased its position in iShares Expanded Tech-Software Sector ETF by 2.4% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 686,289 shares of the company’s stock worth $278,386,000 after acquiring an additional 16,000 shares during the period. CHURCHILL MANAGEMENT Corp grew its stake in iShares Expanded Tech-Software Sector ETF by 336.7% during the first quarter. CHURCHILL MANAGEMENT Corp now owns 243,178 shares of the company’s stock worth $20,736,000 after buying an additional 187,495 shares in the last quarter. Fifth Third Securities Inc. grew its stake in iShares Expanded Tech-Software Sector ETF by 380.2% during the first quarter. Fifth Third Securities Inc. now owns 64,475 shares of the company’s stock worth $5,498,000 after buying an additional 51,048 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in iShares Expanded Tech-Software Sector ETF by 15.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 60,204 shares of the company’s stock worth $24,421,000 after buying an additional 8,203 shares in the last quarter. Finally, Price Capital Management Inc. acquired a new stake in iShares Expanded Tech-Software Sector ETF during the fourth quarter worth about $22,513,000.

iShares Expanded Tech-Software Sector ETF Company 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).