Horizon Investments LLC Buys 25,046 Shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Horizon Investments LLC grew its holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 834,866.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,049 shares of the company’s stock after purchasing an additional 25,046 shares during the period. Horizon Investments LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $2,508,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Plotkin Financial Advisors LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the third quarter worth about $574,000. Bank of New York Mellon Corp lifted its holdings in iShares Expanded Tech-Software Sector ETF by 577.1% during the fourth quarter. Bank of New York Mellon Corp now owns 95,902 shares of the company’s stock worth $9,602,000 after buying an additional 81,738 shares during the period. Silverleafe Capital Partners LLC lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 66.3% during the 4th quarter. Silverleafe Capital Partners LLC now owns 81,668 shares of the company’s stock valued at $8,177,000 after purchasing an additional 32,564 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new position in iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $32,000. Finally, First Horizon Advisors Inc. raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 15.4% during the 4th quarter. First Horizon Advisors Inc. now owns 1,067 shares of the company’s stock valued at $107,000 after buying an additional 142 shares during the last quarter.

iShares Expanded Tech-Software Sector ETF Stock Down 6.1 %

BATS:IGV opened at $91.47 on Wednesday. iShares Expanded Tech-Software Sector ETF has a 52 week low of $75.96 and a 52 week high of $110.84. The stock has a market capitalization of $9.75 billion, a PE ratio of 41.86 and a beta of 1.12. The stock’s 50-day moving average price is $99.89 and its 200-day moving average price is $97.79.

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).