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

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the recipient of some unusual options trading activity on Monday. Stock investors bought 25,976 call options on the company. This is an increase of 780% compared to the typical daily volume of 2,951 call options.

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

Hedge funds have recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 2.4% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 686,289 shares of the company’s stock worth $278,386,000 after acquiring an additional 16,000 shares during the period. CHURCHILL MANAGEMENT Corp lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 336.7% during the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 243,178 shares of the company’s stock worth $20,736,000 after acquiring an additional 187,495 shares during the period. Fifth Third Securities Inc. lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 380.2% during the 1st quarter. Fifth Third Securities Inc. now owns 64,475 shares of the company’s stock worth $5,498,000 after acquiring an additional 51,048 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 15.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 60,204 shares of the company’s stock worth $24,421,000 after acquiring an additional 8,203 shares during the period. Finally, Price Capital Management Inc. purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter worth about $22,513,000.

iShares Expanded Tech-Software Sector ETF Price Performance

iShares Expanded Tech-Software Sector ETF stock opened at $80.87 on Wednesday. iShares Expanded Tech-Software Sector ETF has a 12-month low of $123.69 and a 12-month high of $183.23. The stock has a market capitalization of $6.40 billion, a P/E ratio of 11.57 and a beta of 1.39. The firm’s 50-day moving average is $84.37 and its two-hundred day moving average is $79.99.

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).