Janney Montgomery Scott LLC Grows Stock Position in iShares Expanded Tech-Software Sector ETF $IGV

Janney Montgomery Scott LLC increased its holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 24.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,052 shares of the company’s stock after buying an additional 48,613 shares during the quarter. Janney Montgomery Scott LLC owned 0.22% of iShares Expanded Tech-Software Sector ETF worth $20,017,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its position in shares of iShares Expanded Tech-Software Sector ETF by 480.7% during 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 during the period. SG Americas Securities LLC increased its stake in iShares Expanded Tech-Software Sector ETF by 12,005.4% in the 1st quarter. SG Americas Securities LLC now owns 182,913 shares of the company’s stock worth $14,642,000 after buying an additional 181,402 shares in the last quarter. Jump Financial LLC purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth $17,492,000. Align Financial LLC bought a new stake in iShares Expanded Tech-Software Sector ETF during the fourth quarter valued at about $10,294,000. Finally, Ameriprise Financial Inc. raised its holdings in iShares Expanded Tech-Software Sector ETF by 9.9% during the second 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 period.

iShares Expanded Tech-Software Sector ETF Trading Up 0.8%

BATS IGV opened at $90.60 on Wednesday. iShares Expanded Tech-Software Sector ETF has a 12 month low of $73.93 and a 12 month high of $117.99. The stock has a market cap of $10.11 billion, a PE ratio of 45.14 and a beta of 1.15. The stock’s 50 day moving average is $91.15 and its 200 day moving average is $90.82.

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.