OVERSEA CHINESE BANKING Corp Ltd Trims Stake in iShares Expanded Tech-Software Sector ETF $IGV

OVERSEA CHINESE BANKING Corp Ltd reduced its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,781 shares of the company’s stock after selling 320 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Expanded Tech-Software Sector ETF were worth $852,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IGV. Clal Insurance Enterprises Holdings Ltd raised its position in iShares Expanded Tech-Software Sector ETF by 32.1% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,781,000 shares of the company’s stock worth $247,481,000 after purchasing an additional 675,000 shares during the period. JPMorgan Chase & Co. raised its position in iShares Expanded Tech-Software Sector ETF by 19.4% in the 1st quarter. JPMorgan Chase & Co. now owns 2,233,017 shares of the company’s stock worth $198,717,000 after purchasing an additional 362,668 shares during the period. WestEnd Advisors LLC raised its position in iShares Expanded Tech-Software Sector ETF by 23.6% in the 2nd quarter. WestEnd Advisors LLC now owns 1,621,446 shares of the company’s stock worth $177,552,000 after purchasing an additional 309,669 shares during the period. Janney Montgomery Scott LLC raised its position in iShares Expanded Tech-Software Sector ETF by 9.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 1,861,773 shares of the company’s stock worth $203,864,000 after purchasing an additional 159,525 shares during the period. Finally, Anfield Capital Management LLC purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 1st quarter worth about $12,509,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of IGV stock opened at $117.09 on Tuesday. The company has a market capitalization of $13.06 billion, a P/E ratio of 45.14 and a beta of 1.15. The company’s 50-day simple moving average is $112.33 and its two-hundred day simple moving average is $107.04. iShares Expanded Tech-Software Sector ETF has a one year low of $75.96 and a one year high of $112.59.

iShares Expanded Tech-Software Sector ETF 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).