Main Management ETF Advisors LLC Decreases Stock Position in iShares Expanded Tech-Software Sector ETF $IGV

Main Management ETF Advisors LLC lessened its stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 81.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 225,576 shares of the company’s stock after selling 964,578 shares during the period. iShares Expanded Tech-Software Sector ETF makes up approximately 0.8% of Main Management ETF Advisors LLC’s holdings, making the stock its 11th largest holding. Main Management ETF Advisors LLC owned approximately 0.20% of iShares Expanded Tech-Software Sector ETF worth $23,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IGV. Russell Investments Group Ltd. raised its holdings in iShares Expanded Tech-Software Sector ETF by 36.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,315 shares of the company’s stock valued at $253,000 after buying an additional 622 shares during the period. Baird Financial Group Inc. grew its position in iShares Expanded Tech-Software Sector ETF by 2.5% in the 2nd quarter. Baird Financial Group Inc. now owns 27,931 shares of the company’s stock valued at $3,058,000 after acquiring an additional 672 shares during the last quarter. FWL Investment Management LLC grew its position in iShares Expanded Tech-Software Sector ETF by 339.8% in the 2nd quarter. FWL Investment Management LLC now owns 409 shares of the company’s stock valued at $45,000 after acquiring an additional 316 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares Expanded Tech-Software Sector ETF by 9.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 647,958 shares of the company’s stock valued at $69,984,000 after acquiring an additional 58,125 shares during the last quarter. Finally, IHT Wealth Management LLC bought a new position in iShares Expanded Tech-Software Sector ETF in the 2nd quarter valued at $1,133,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of iShares Expanded Tech-Software Sector ETF stock opened at $101.66 on Monday. The stock’s fifty day moving average is $85.84 and its two-hundred day moving average is $92.88. The company has a market capitalization of $11.34 billion, a PE ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a 52 week low of $73.93 and a 52 week high of $117.99.

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). The Underlying Index measures the performance of United States-traded stocks of software-related companies in the United States and Canada. The Underlying Index includes companies that are producers of client/server applications, enterprise software, application software, personal computers and home entertainment software.