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

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the target of some unusual options trading on Wednesday. Stock traders acquired 6,064 call options on the stock. This represents an increase of approximately 66% compared to the average volume of 3,654 call options.

iShares Expanded Tech-Software Sector ETF Stock Up 0.7 %

iShares Expanded Tech-Software Sector ETF stock opened at $92.36 on Friday. The stock has a market capitalization of $7.17 billion, a PE ratio of 11.37 and a beta of 1.42. The company has a 50 day moving average of $86.08 and a 200-day moving average of $84.30. iShares Expanded Tech-Software Sector ETF has a twelve month low of $123.69 and a twelve month high of $183.23.

Institutional Investors Weigh In On iShares Expanded Tech-Software Sector ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in iShares Expanded Tech-Software Sector ETF by 142.7% during the first quarter. BNP Paribas Financial Markets now owns 1,172,272 shares of the company’s stock worth $99,960,000 after buying an additional 689,256 shares during the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 0.9% in the second quarter. Main Management ETF Advisors LLC now owns 899,955 shares of the company’s stock valued at $78,206,000 after buying an additional 7,830 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares Expanded Tech-Software Sector ETF by 13.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 246,987 shares of the company’s stock valued at $21,463,000 after acquiring an additional 29,341 shares during the period. CHURCHILL MANAGEMENT Corp grew its stake in iShares Expanded Tech-Software Sector ETF by 336.7% during the first quarter. CHURCHILL MANAGEMENT Corp now owns 243,178 shares of the company’s stock worth $20,736,000 after buying an additional 187,495 shares in the last quarter. Finally, L & S Advisors Inc acquired a new position in iShares Expanded Tech-Software Sector ETF during the second quarter valued at approximately $12,489,000.

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).