iShares Expanded Tech-Software Sector ETF (BATS:IGV) Sets New 12-Month Low – Here’s What Happened

Shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) hit a new 52-week low during trading on Monday . The company traded as low as $98.80 and last traded at $100.67, with a volume of 4786034 shares trading hands. The stock had previously closed at $97.41.

iShares Expanded Tech-Software Sector ETF Stock Performance

The company has a market capitalization of $7.91 billion, a PE ratio of 11.37 and a beta of 1.42. The stock’s 50 day moving average is $103.29 and its 200 day moving average is $94.38.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Morse Asset Management Inc purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth approximately $25,000. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at $32,000. Fortitude Family Office LLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 3rd quarter valued at $45,000. Aspect Partners LLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at $56,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at $71,000.

About iShares Expanded Tech-Software Sector ETF

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).