iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 1-Year Low at $80.27

iShares Expanded Tech-Software Sector ETF (BATS:IGV) shares hit a new 52-week low on Monday . The company traded as low as $80.27 and last traded at $80.46, with a volume of 5377930 shares trading hands. The stock had previously closed at $82.76.

iShares Expanded Tech-Software Sector ETF Trading Down 0.8 %

The firm has a market capitalization of $6.33 billion, a PE ratio of 11.57 and a beta of 1.39. The business’s 50 day simple moving average is $85.11 and its two-hundred day simple moving average is $79.59.

Institutional Investors Weigh In On iShares Expanded Tech-Software Sector ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Baird Financial Group Inc. increased its stake in iShares Expanded Tech-Software Sector ETF by 517.2% in the 1st quarter. Baird Financial Group Inc. now owns 3,364 shares of the company’s stock worth $1,161,000 after buying an additional 2,819 shares in the last quarter. Equitable Holdings Inc. increased its stake in iShares Expanded Tech-Software Sector ETF by 1.9% in the 1st quarter. Equitable Holdings Inc. now owns 3,708 shares of the company’s stock worth $1,279,000 after buying an additional 69 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 1st quarter worth $4,834,000. Mariner LLC increased its stake in iShares Expanded Tech-Software Sector ETF by 8.9% in the 1st quarter. Mariner LLC now owns 22,085 shares of the company’s stock worth $7,617,000 after buying an additional 1,814 shares in the last quarter. Finally, KCM Investment Advisors LLC increased its stake in iShares Expanded Tech-Software Sector ETF by 86.1% in the 1st quarter. KCM Investment Advisors LLC now owns 1,297 shares of the company’s stock worth $447,000 after buying an additional 600 shares in 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).