iShares Expanded Tech-Software Sector ETF (BATS:IGV) is Hanseatic Management Services Inc.’s 10th Largest Position

Hanseatic Management Services Inc. lessened its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 57.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 17,597 shares of the company’s stock after selling 23,672 shares during the quarter. iShares Expanded Tech-Software Sector ETF accounts for approximately 2.2% of Hanseatic Management Services Inc.’s portfolio, making the stock its 10th biggest position. Hanseatic Management Services Inc.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Comerica Bank lifted its position in shares of iShares Expanded Tech-Software Sector ETF by 357.3% during the first quarter. Comerica Bank now owns 14,835 shares of the company’s stock worth $1,265,000 after purchasing an additional 11,591 shares in the last quarter. Mathes Company Inc. boosted its position in iShares Expanded Tech-Software Sector ETF by 1.3% in the 3rd quarter. Mathes Company Inc. now owns 68,075 shares of the company’s stock valued at $6,084,000 after buying an additional 900 shares during the period. Lazard Asset Management LLC increased its position in shares of iShares Expanded Tech-Software Sector ETF by 389.4% during the first quarter. Lazard Asset Management LLC now owns 37,245 shares of the company’s stock worth $3,175,000 after acquiring an additional 29,635 shares during the period. Quantbot Technologies LP grew its stake in iShares Expanded Tech-Software Sector ETF by 333.3% during the 1st quarter. Quantbot Technologies LP now owns 13,000 shares of the company’s stock worth $1,109,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Whittier Trust Co. purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the 2nd quarter valued at about $28,000.

iShares Expanded Tech-Software Sector ETF Stock Up 4.1 %

Shares of BATS:IGV opened at $97.68 on Thursday. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $123.69 and a fifty-two week high of $183.23. The firm’s 50 day moving average price is $89.67 and its 200 day moving average price is $85.60. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42.

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).