L & S Advisors Inc Invests $12.49 Million in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

L & S Advisors Inc bought a new position in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 143,719 shares of the company’s stock, valued at approximately $12,489,000. iShares Expanded Tech-Software Sector ETF comprises about 1.4% of L & S Advisors Inc’s holdings, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rathbones Group PLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 2nd quarter valued at approximately $830,000. Hanseatic Management Services Inc. lifted its stake in iShares Expanded Tech-Software Sector ETF by 4.3% during the 2nd quarter. Hanseatic Management Services Inc. now owns 41,269 shares of the company’s stock worth $3,586,000 after acquiring an additional 1,700 shares in the last quarter. Cutter & CO Brokerage Inc. purchased a new position in iShares Expanded Tech-Software Sector ETF during the 2nd quarter valued at about $220,000. Global Financial Private Client LLC grew its position in iShares Expanded Tech-Software Sector ETF by 1.6% in the 2nd quarter. Global Financial Private Client LLC now owns 12,753 shares of the company’s stock valued at $1,108,000 after acquiring an additional 197 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in iShares Expanded Tech-Software Sector ETF during the second quarter worth about $204,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

Shares of IGV opened at $88.02 on Tuesday. iShares Expanded Tech-Software Sector ETF has a 1 year low of $123.69 and a 1 year high of $183.23. The stock has a market capitalization of $6.83 billion, a PE ratio of 11.37 and a beta of 1.42. The company’s 50-day simple moving average is $84.91 and its 200-day simple moving average is $83.87.

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).