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

iShares Expanded Tech-Software Sector ETF (BATS:IGVGet Free Report) was the recipient of some unusual options trading activity on Tuesday. Stock traders acquired 11,657 call options on the company. This is an increase of 63% compared to the average daily volume of 7,145 call options.

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

Large investors have recently added to or reduced their stakes in the company. Main Management ETF Advisors LLC boosted its position in iShares Expanded Tech-Software Sector ETF by 84.6% during the third quarter. Main Management ETF Advisors LLC now owns 1,661,055 shares of the company’s stock worth $148,448,000 after purchasing an additional 761,100 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of iShares Expanded Tech-Software Sector ETF by 23.3% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,689,572 shares of the company’s stock valued at $329,737,000 after buying an additional 697,127 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares Expanded Tech-Software Sector ETF by 524.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 616,345 shares of the company’s stock worth $61,708,000 after buying an additional 517,683 shares during the period. WestEnd Advisors LLC purchased a new position in iShares Expanded Tech-Software Sector ETF in the 4th quarter valued at approximately $51,829,000. Finally, Flow Traders U.S. LLC bought a new stake in iShares Expanded Tech-Software Sector ETF during the 3rd quarter valued at $3,215,000.

iShares Expanded Tech-Software Sector ETF Trading Up 6.2 %

Shares of BATS IGV opened at $103.48 on Thursday. The stock has a fifty day simple moving average of $103.39 and a two-hundred day simple moving average of $94.05. iShares Expanded Tech-Software Sector ETF has a 1-year low of $123.69 and a 1-year high of $183.23. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42.

About iShares Expanded Tech-Software Sector ETF

(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).

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