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 unusually large options trading activity on Monday. Traders bought 25,976 call options on the stock. This is an increase of 780% compared to the average volume of 2,951 call options.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Anchor Investment Management LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the fourth quarter worth $26,000. Spence Asset Management boosted its holdings in iShares Expanded Tech-Software Sector ETF by 1.8% in the fourth quarter. Spence Asset Management now owns 4,622 shares of the company’s stock valued at $1,875,000 after acquiring an additional 83 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in iShares Expanded Tech-Software Sector ETF by 52.5% in the third quarter. Lazard Asset Management LLC now owns 8,297 shares of the company’s stock valued at $2,831,000 after acquiring an additional 2,855 shares in the last quarter. Greenwood Gearhart Inc. boosted its holdings in iShares Expanded Tech-Software Sector ETF by 0.4% in the third quarter. Greenwood Gearhart Inc. now owns 38,812 shares of the company’s stock valued at $13,245,000 after acquiring an additional 154 shares in the last quarter. Finally, Capital Management Associates NY boosted its holdings in iShares Expanded Tech-Software Sector ETF by 29.4% in the third quarter. Capital Management Associates NY now owns 2,200 shares of the company’s stock valued at $751,000 after acquiring an additional 500 shares in the last quarter.

iShares Expanded Tech-Software Sector ETF Stock Up 1.7 %

Shares of BATS IGV opened at $80.87 on Wednesday. iShares Expanded Tech-Software Sector ETF has a 52 week low of $123.69 and a 52 week high of $183.23. The firm’s fifty day moving average is $84.37 and its 200 day moving average is $79.99. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 11.57 and a beta of 1.39.

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).