iShares Expanded Tech-Software Sector ETF $IGV Shares Sold by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. trimmed its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 71.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,189 shares of the company’s stock after selling 5,515 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IGV. BNP Paribas Financial Markets raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 480.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,508,060 shares of the company’s stock valued at $288,452,000 after purchasing an additional 2,076,173 shares in the last quarter. Private Capital Advisors Inc. acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at $17,978,000. Jump Financial LLC acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at $17,492,000. Ameriprise Financial Inc. raised its holdings in shares of 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 purchasing an additional 58,125 shares in the last quarter. Finally, Turim 21 Investimentos Ltda. acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at $5,302,000.

iShares Expanded Tech-Software Sector ETF Trading Down 0.2%

Shares of IGV opened at $95.65 on Tuesday. iShares Expanded Tech-Software Sector ETF has a twelve month low of $73.93 and a twelve month high of $117.99. The firm’s fifty day simple moving average is $88.07 and its 200-day simple moving average is $92.60. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 45.14 and a beta of 1.15.

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). 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.