iShares Expanded Tech-Software Sector ETF (BATS:IGV) Sets New 1-Year Low at $87.81

Shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $87.81 and last traded at $88.09, with a volume of 3580406 shares trading hands. The stock had previously closed at $88.93.

iShares Expanded Tech-Software Sector ETF Stock Performance

The firm’s 50-day simple moving average is $83.07 and its 200 day simple moving average is $83.42. The stock has a market capitalization of $6.73 billion, a P/E ratio of 11.37 and a beta of 1.42.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Garde Capital Inc. boosted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 371.7% in the 1st quarter. Garde Capital Inc. now owns 1,585 shares of the company’s stock valued at $135,000 after buying an additional 1,249 shares during the last quarter. Bullseye Investment Management LLC raised its position in iShares Expanded Tech-Software Sector ETF by 382.8% during the first quarter. Bullseye Investment Management LLC now owns 3,220 shares of the company’s stock worth $275,000 after acquiring an additional 2,553 shares in the last quarter. Comerica Bank lifted its stake in iShares Expanded Tech-Software Sector ETF by 357.3% in the first quarter. Comerica Bank now owns 14,835 shares of the company’s stock valued at $1,265,000 after acquiring an additional 11,591 shares during the last quarter. Global Financial Private Client LLC grew its position in shares of iShares Expanded Tech-Software Sector ETF by 576.5% in the 1st quarter. Global Financial Private Client LLC now owns 12,556 shares of the company’s stock valued at $1,068,000 after acquiring an additional 10,700 shares during the period. Finally, Silvercrest Asset Management Group LLC increased its stake in shares of iShares Expanded Tech-Software Sector ETF by 400.0% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 2,525 shares of the company’s stock worth $215,000 after purchasing an additional 2,020 shares during the last quarter.

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).