iShares Expanded Tech-Software Sector ETF Target of Unusually Large Options Trading (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGVGet Free Report) saw unusually large options trading activity on Friday. Stock investors purchased 187,248 call options on the stock. This represents an increase of approximately 50% compared to the typical daily volume of 124,739 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Resources Management Corp CT ADV boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 120.0% during the 4th quarter. Resources Management Corp CT ADV now owns 275 shares of the company’s stock worth $29,000 after acquiring an additional 150 shares during the last quarter. Hollencrest Capital Management boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 50.2% during the 1st quarter. Hollencrest Capital Management now owns 371 shares of the company’s stock worth $30,000 after acquiring an additional 124 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 1,428.6% during the 4th quarter. Sound Income Strategies LLC now owns 428 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares during the last quarter. Bogart Wealth LLC boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 48.5% during the 4th quarter. Bogart Wealth LLC now owns 395 shares of the company’s stock worth $42,000 after acquiring an additional 129 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter worth $42,000.

iShares Expanded Tech-Software Sector ETF Trading Up 5.4%

IGV stock traded up $5.21 on Friday, hitting $100.89. The company had a trading volume of 20,808,248 shares, compared to its average volume of 22,166,848. iShares Expanded Tech-Software Sector ETF has a 12-month low of $73.93 and a 12-month high of $117.99. The stock’s 50-day simple moving average is $85.50 and its 200 day simple moving average is $92.95. The stock has a market cap of $11.25 billion, a price-to-earnings ratio of 45.14 and a beta of 1.15.

iShares Expanded Tech-Software Sector ETF Company Profile

(Get Free Report)

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). The Underlying Index measures the performance of United States-traded stocks of software-related companies in the United States and Canada. The Underlying Index includes companies that are producers of client/server applications, enterprise software, application software, personal computers and home entertainment software.

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