iShares Expanded Tech-Software Sector ETF Target of Unusually Large Options Trading (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) saw unusually large options trading on Wednesday. Investors purchased 13,552 call options on the stock. This represents an increase of 72% compared to the average daily volume of 7,877 call options.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 53.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,419,536 shares of the company’s stock worth $374,439,000 after acquiring an additional 1,186,519 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in iShares Expanded Tech-Software Sector ETF by 9.9% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,719,572 shares of the company’s stock valued at $297,793,000 after purchasing an additional 245,000 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in 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 last quarter. Janney Montgomery Scott LLC boosted its position in iShares Expanded Tech-Software Sector ETF by 9.4% during the second quarter. Janney Montgomery Scott LLC now owns 1,861,773 shares of the company’s stock worth $203,864,000 after purchasing an additional 159,525 shares during the period. Finally, Main Management ETF Advisors LLC increased its holdings in shares of iShares Expanded Tech-Software Sector ETF by 1.0% in the second quarter. Main Management ETF Advisors LLC now owns 1,669,135 shares of the company’s stock valued at $182,770,000 after purchasing an additional 16,165 shares during the last quarter.

iShares Expanded Tech-Software Sector ETF Trading Down 0.3%

IGV stock opened at $97.08 on Thursday. The stock has a market cap of $10.83 billion, a PE ratio of 45.14 and a beta of 1.15. The stock has a 50-day moving average price of $104.16 and a two-hundred day moving average price of $108.95. iShares Expanded Tech-Software Sector ETF has a 1 year low of $75.96 and a 1 year high of $112.59.

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.