Flow Traders U.S. LLC Increases Stock Holdings in iShares Expanded Tech-Software Sector ETF $IGV

Flow Traders U.S. LLC boosted its stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 78.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,534 shares of the company’s stock after acquiring an additional 9,448 shares during the period. Flow Traders U.S. LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $2,477,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in iShares Expanded Tech-Software Sector ETF by 480.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,508,060 shares of the company’s stock worth $288,452,000 after purchasing an additional 2,076,173 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 53.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,419,536 shares of the company’s stock valued at $374,439,000 after purchasing an additional 1,186,519 shares in the last quarter. Private Capital Advisors Inc. purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the third quarter valued at about $17,978,000. Jump Financial LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the third quarter valued at about $17,492,000. Finally, Ameriprise Financial Inc. raised its stake in iShares Expanded Tech-Software Sector ETF by 9.9% in the second quarter. Ameriprise Financial Inc. now owns 647,958 shares of the company’s stock worth $69,984,000 after buying an additional 58,125 shares in the last quarter.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of IGV opened at $84.95 on Tuesday. The company has a 50-day simple moving average of $89.54 and a two-hundred day simple moving average of $102.95. The firm has a market capitalization of $9.48 billion, a PE ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a one year low of $76.25 and a one year high of $117.99.

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). 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.