iShares Expanded Tech-Software Sector ETF (BATS:IGV) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. decreased its position in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 23.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,814,572 shares of the company’s stock after selling 875,000 shares during the period. iShares Expanded Tech-Software Sector ETF accounts for 4.0% of Migdal Insurance & Financial Holdings Ltd.’s investment portfolio, making the stock its 4th biggest holding. Migdal Insurance & Financial Holdings Ltd. owned approximately 3.62% of iShares Expanded Tech-Software Sector ETF worth $281,795,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IGV. Morse Asset Management Inc bought a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter valued at approximately $25,000. Rosenberg Matthew Hamilton bought a new position in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at $32,000. Fortitude Family Office LLC bought a new position in iShares Expanded Tech-Software Sector ETF in the third quarter valued at $45,000. MassMutual Private Wealth & Trust FSB acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at $71,000. Finally, DMC Group LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at $210,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

BATS IGV opened at $105.19 on Friday. The firm has a 50-day moving average of $103.20 and a 200-day moving average of $94.71. The stock has a market cap of $8.17 billion, a PE ratio of 11.37 and a beta of 1.42. iShares Expanded Tech-Software Sector ETF has a 52-week low of $123.69 and a 52-week high of $183.23.

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).