iShares Expanded Tech-Software Sector ETF (BATS:IGV) Sets New 1-Year Low at $84.85

iShares Expanded Tech-Software Sector ETF (BATS:IGV) hit a new 52-week low on Monday . The company traded as low as $84.85 and last traded at $85.63, with a volume of 4321123 shares. The stock had previously closed at $84.85.

iShares Expanded Tech-Software Sector ETF Stock Performance

The company has a fifty day moving average of $83.99 and a two-hundred day moving average of $83.75. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42.

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

A number of hedge funds have recently bought and sold shares of IGV. Carret Asset Management LLC increased its stake in iShares Expanded Tech-Software Sector ETF by 400.0% during the 1st quarter. Carret Asset Management LLC now owns 4,680 shares of the company’s stock worth $399,000 after acquiring an additional 3,744 shares during the period. NBC Securities Inc. increased its position in shares of iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. NBC Securities Inc. now owns 1,750 shares of the company’s stock worth $149,000 after purchasing an additional 1,400 shares during the period. Sunbelt Securities Inc. raised its stake in iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. Sunbelt Securities Inc. now owns 2,545 shares of the company’s stock valued at $217,000 after purchasing an additional 2,036 shares in the last quarter. Garde Capital Inc. bought a new stake in iShares Expanded Tech-Software Sector ETF during the fourth quarter worth about $136,000. Finally, Jones Financial Companies Lllp grew its stake in iShares Expanded Tech-Software Sector ETF by 1,288.7% during the fourth quarter. Jones Financial Companies Lllp now owns 736 shares of the company’s stock worth $299,000 after buying an additional 683 shares in the last quarter.

About iShares Expanded Tech-Software Sector ETF

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).