Investors Buy High Volume of Put Options on iShares Expanded Tech-Software Sector ETF (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) saw unusually large options trading on Friday. Traders acquired 205,712 put options on the stock. This represents an increase of approximately 54% compared to the average daily volume of 133,489 put options.

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

Large investors have recently added to or reduced their stakes in the business. Resources Management Corp CT ADV grew its position in iShares Expanded Tech-Software Sector ETF by 120.0% during the fourth quarter. Resources Management Corp CT ADV now owns 275 shares of the company’s stock worth $29,000 after buying an additional 150 shares in the last quarter. Hollencrest Capital Management raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 50.2% in the 1st quarter. Hollencrest Capital Management now owns 371 shares of the company’s stock valued at $30,000 after acquiring an additional 124 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 1,428.6% in the 4th quarter. Sound Income Strategies LLC now owns 428 shares of the company’s stock valued at $42,000 after acquiring an additional 400 shares in the last quarter. Bogart Wealth LLC boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 48.5% during the 4th quarter. Bogart Wealth LLC now owns 395 shares of the company’s stock valued at $42,000 after acquiring an additional 129 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at about $42,000.

iShares Expanded Tech-Software Sector ETF Price Performance

BATS:IGV opened at $88.20 on Friday. iShares Expanded Tech-Software Sector ETF has a 1 year low of $73.93 and a 1 year high of $117.99. The stock’s fifty day moving average price is $90.93 and its two-hundred day moving average price is $91.23. The company has a market cap of $9.84 billion, a P/E ratio of 45.14 and a beta of 1.15.

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). 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.