iShares Expanded Tech-Software Sector ETF $IGV Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. cut its stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 76.5% during the 3rd quarter, Holdings Channel reports. The fund owned 18,652 shares of the company’s stock after selling 60,819 shares during the period. FDx Advisors Inc.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,986,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Fisher Asset Management LLC bought a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter valued at $55,653,000. Ninety One UK Ltd acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the third quarter valued at about $50,789,000. Ayalon Insurance Comp Ltd. boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 50.2% during the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 388,765 shares of the company’s stock worth $41,396,000 after purchasing an additional 129,914 shares in the last quarter. Ninety One SA Pty Ltd boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 105.2% during the 3rd quarter. Ninety One SA Pty Ltd now owns 165,865 shares of the company’s stock worth $17,699,000 after purchasing an additional 85,016 shares in the last quarter. Finally, Aurora Investment Managers LLC. bought a new position in shares of iShares Expanded Tech-Software Sector ETF during the 2nd quarter worth about $6,910,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of IGV traded down $0.26 during trading hours on Friday, hitting $101.19. The stock had a trading volume of 9,061,671 shares, compared to its average volume of 16,935,201. The firm has a 50 day simple moving average of $106.12 and a 200-day simple moving average of $94.24. The firm has a market capitalization of $12.68 billion, a P/E ratio of 35.19 and a beta of 1.18. iShares Expanded Tech-Software Sector ETF has a 1-year low of $73.93 and a 1-year high of $113.70.

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.