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

iShares Expanded Tech-Software Sector ETF (BATS:IGV) saw some unusual options trading on Friday. Stock investors acquired 146,674 call options on the stock. This represents an increase of 254% compared to the typical volume of 41,460 call options.

Hedge Funds Weigh In On iShares Expanded Tech-Software Sector ETF

A number of large investors have recently bought and sold shares of IGV. Bogart Wealth LLC raised its position in shares of iShares Expanded Tech-Software Sector ETF by 232.5% during the 3rd quarter. Bogart Wealth LLC now owns 266 shares of the company’s stock worth $31,000 after buying an additional 186 shares in the last quarter. Resources Management Corp CT ADV grew its holdings in shares of iShares Expanded Tech-Software Sector ETF by 120.0% during the 4th quarter. Resources Management Corp CT ADV now owns 275 shares of the company’s stock valued at $29,000 after acquiring an additional 150 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Expanded Tech-Software Sector ETF in the second quarter worth $30,000. Luminist Capital LLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the second quarter worth $38,000. Finally, Hollencrest Capital Management purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the second quarter worth $43,000.

iShares Expanded Tech-Software Sector ETF Stock Up 2.2%

IGV opened at $82.60 on Friday. The firm’s 50 day moving average is $94.71 and its 200-day moving average is $104.91. The firm has a market capitalization of $9.21 billion, a P/E ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a 52-week low of $76.25 and a 52-week high of $117.99.

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.