iShares Expanded Tech-Software Sector ETF (BATS:IGV) Hits New 12-Month Low – Should You Sell?

iShares Expanded Tech-Software Sector ETF (BATS:IGV)’s share price reached a new 52-week low on Thursday . The company traded as low as $98.80 and last traded at $99.83, with a volume of 4786034 shares. The stock had previously closed at $97.41.

iShares Expanded Tech-Software Sector ETF Stock Up 2.9 %

The stock’s fifty day moving average price is $103.35 and its two-hundred day moving average price is $93.21. The company has a market capitalization of $7.78 billion, a PE ratio of 11.37 and a beta of 1.42.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Morse Asset Management Inc purchased a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter worth about $25,000. Rosenberg Matthew Hamilton purchased a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter worth about $32,000. Fortitude Family Office LLC purchased a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter worth about $45,000. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter worth about $71,000. Finally, Vigilare Wealth Management purchased a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter worth about $323,000.

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).