iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 1-Year Low – Time to Sell?

iShares Expanded Tech-Software Sector ETF (BATS:IGV)’s stock price hit a new 52-week low on Monday . The stock traded as low as $92.85 and last traded at $93.26, with a volume of 5191578 shares changing hands. The stock had previously closed at $92.82.

iShares Expanded Tech-Software Sector ETF Trading Down 0.5 %

The firm’s 50-day simple moving average is $87.09 and its 200 day simple moving average is $84.50. The stock has a market cap of $7.14 billion, a P/E ratio of 11.37 and a beta of 1.42.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Several large investors have recently added to or reduced their stakes in IGV. Whittier Trust Co. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF during the second quarter valued at about $28,000. AlphaMark Advisors LLC lifted its stake in shares of iShares Expanded Tech-Software Sector ETF by 360.0% in the 1st quarter. AlphaMark Advisors LLC now owns 575 shares of the company’s stock worth $49,000 after acquiring an additional 450 shares during the period. Wellington Shields & Co. LLC boosted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. Wellington Shields & Co. LLC now owns 650 shares of the company’s stock valued at $55,000 after acquiring an additional 520 shares in the last quarter. Garde Capital Inc. increased its stake in shares of iShares Expanded Tech-Software Sector ETF by 371.7% during the first quarter. Garde Capital Inc. now owns 1,585 shares of the company’s stock valued at $135,000 after acquiring an additional 1,249 shares during the period. Finally, NBC Securities Inc. raised its holdings in iShares Expanded Tech-Software Sector ETF by 400.0% during the first quarter. NBC Securities Inc. now owns 1,750 shares of the company’s stock worth $149,000 after purchasing an additional 1,400 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).