iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 12-Month Low – Here’s What Happened

iShares Expanded Tech-Software Sector ETF (BATS:IGV)’s stock price reached a new 52-week low on Monday . The company traded as low as $98.80 and last traded at $106.00, with a volume of 4786034 shares. The stock had previously closed at $97.41.

iShares Expanded Tech-Software Sector ETF Stock Performance

The company has a market capitalization of $8.17 billion, a P/E ratio of 11.37 and a beta of 1.42. The company’s fifty day simple moving average is $103.25 and its 200-day simple moving average is $95.23.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

A number of hedge funds have recently bought and sold shares of IGV. Morse Asset Management Inc purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth approximately $25,000. Rosenberg Matthew Hamilton acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at approximately $32,000. Ethos Financial Group LLC purchased a new position in iShares Expanded Tech-Software Sector ETF in the fourth quarter worth $40,000. Fortitude Family Office LLC acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the third quarter worth $45,000. Finally, Aspect Partners LLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at $56,000.

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).