iShares Expanded Tech-Software Sector ETF Sees Unusually High Options Volume (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the recipient of unusually large options trading on Friday. Stock traders acquired 187,248 call options on the company. This represents an increase of approximately 50% compared to the typical volume of 124,739 call options.

Hedge Funds Weigh In On iShares Expanded Tech-Software Sector ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IGV. BNP Paribas Financial Markets boosted its holdings in iShares Expanded Tech-Software Sector ETF by 480.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,508,060 shares of the company’s stock worth $288,452,000 after acquiring an additional 2,076,173 shares during the period. SG Americas Securities LLC boosted its holdings in iShares Expanded Tech-Software Sector ETF by 12,005.4% in the 1st quarter. SG Americas Securities LLC now owns 182,913 shares of the company’s stock worth $14,642,000 after acquiring an additional 181,402 shares during the period. Private Capital Advisors Inc. purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the 3rd quarter valued at approximately $17,978,000. Jump Financial LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the 3rd quarter valued at approximately $17,492,000. Finally, Align Financial LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at approximately $10,294,000.

iShares Expanded Tech-Software Sector ETF Stock Up 6.2%

BATS IGV opened at $101.66 on Friday. The stock has a market cap of $11.34 billion, a PE ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $73.93 and a fifty-two week high of $117.99. The business has a 50 day moving average price of $85.84 and a two-hundred day moving average price of $93.02.

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.