Stock Traders Buy Large Volume of Call Options on iShares Expanded Tech-Software Sector ETF (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the recipient of some unusual options trading on Wednesday. Stock investors acquired 13,552 call options on the company. This represents an increase of approximately 72% compared to the typical daily volume of 7,877 call options.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Chung Wu Investment Group LLC acquired a new position in iShares Expanded Tech-Software Sector ETF during the second quarter valued at approximately $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the 2nd quarter valued at $30,000. Bogart Wealth LLC lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 232.5% during the 3rd quarter. Bogart Wealth LLC now owns 266 shares of the company’s stock valued at $31,000 after acquiring an additional 186 shares in the last quarter. Luminist Capital LLC acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the 2nd quarter valued at $38,000. Finally, Sound Income Strategies LLC boosted its position in 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 purchasing an additional 400 shares during the period.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of BATS:IGV opened at $92.33 on Friday. The firm has a market capitalization of $10.30 billion, a PE ratio of 45.14 and a beta of 1.15. The business has a 50-day moving average of $103.99 and a two-hundred day moving average of $108.83. iShares Expanded Tech-Software Sector ETF has a 12 month low of $75.96 and a 12 month high of $112.59.

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). 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.