iShares Expanded Tech-Software Sector ETF (BATS:IGV) Hits New 12-Month Low at $75.96

Shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) hit a new 52-week low on Monday . The company traded as low as $75.96 and last traded at $77.99, with a volume of 6125885 shares trading hands. The stock had previously closed at $80.21.

iShares Expanded Tech-Software Sector ETF Trading Down 2.8 %

The company has a market cap of $6.06 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42. The firm’s fifty day simple moving average is $84.03 and its 200 day simple moving average is $84.00.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Several institutional investors and hedge funds have recently bought and sold shares of IGV. BNP Paribas Financial Markets raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 142.7% in the first quarter. BNP Paribas Financial Markets now owns 1,172,272 shares of the company’s stock valued at $99,960,000 after purchasing an additional 689,256 shares during the last quarter. CHURCHILL MANAGEMENT Corp raised its position in shares of 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 acquiring an additional 187,495 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in iShares Expanded Tech-Software Sector ETF by 261.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 217,646 shares of the company’s stock valued at $18,559,000 after acquiring an additional 157,442 shares during the period. Noesis Capital Mangement Corp lifted its holdings in iShares Expanded Tech-Software Sector ETF by 396.5% during the first quarter. Noesis Capital Mangement Corp now owns 137,195 shares of the company’s stock worth $11,699,000 after acquiring an additional 109,560 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares Expanded Tech-Software Sector ETF by 331.0% during the first quarter. Janney Montgomery Scott LLC now owns 99,478 shares of the company’s stock worth $8,483,000 after acquiring an additional 76,398 shares during the period.

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).