Migdal Insurance & Financial Holdings Ltd. Increases Stock Position in iShares Expanded Tech-Software Sector ETF $IGV

Migdal Insurance & Financial Holdings Ltd. increased its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 9.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,719,572 shares of the company’s stock after purchasing an additional 245,000 shares during the period. iShares Expanded Tech-Software Sector ETF makes up approximately 3.5% of Migdal Insurance & Financial Holdings Ltd.’s holdings, making the stock its 8th biggest position. Migdal Insurance & Financial Holdings Ltd. owned 2.44% of iShares Expanded Tech-Software Sector ETF worth $297,793,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd lifted its stake in iShares Expanded Tech-Software Sector ETF by 32.1% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,781,000 shares of the company’s stock valued at $247,481,000 after acquiring an additional 675,000 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Expanded Tech-Software Sector ETF by 19.4% during the 1st quarter. JPMorgan Chase & Co. now owns 2,233,017 shares of the company’s stock valued at $198,717,000 after acquiring an additional 362,668 shares during the period. Janney Montgomery Scott LLC lifted its stake in iShares Expanded Tech-Software Sector ETF by 9.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,861,773 shares of the company’s stock valued at $203,864,000 after acquiring an additional 159,525 shares during the period. WestEnd Advisors LLC lifted its stake in iShares Expanded Tech-Software Sector ETF by 23.6% during the 2nd quarter. WestEnd Advisors LLC now owns 1,621,446 shares of the company’s stock valued at $177,552,000 after acquiring an additional 309,669 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in iShares Expanded Tech-Software Sector ETF by 26.4% during the 1st quarter. Ameriprise Financial Inc. now owns 589,833 shares of the company’s stock valued at $52,430,000 after acquiring an additional 123,320 shares during the period.

iShares Expanded Tech-Software Sector ETF Stock Performance

IGV opened at $116.72 on Wednesday. The stock has a market capitalization of $13.02 billion, a P/E ratio of 45.14 and a beta of 1.15. The company’s 50-day simple moving average is $112.53 and its two-hundred day simple moving average is $107.25. iShares Expanded Tech-Software Sector ETF has a 52-week low of $75.96 and a 52-week high of $112.59.

iShares Expanded Tech-Software Sector ETF 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).