Private Capital Advisors Inc. Invests $17.98 Million in iShares Expanded Tech-Software Sector ETF $IGV

Private Capital Advisors Inc. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 156,320 shares of the company’s stock, valued at approximately $17,978,000. iShares Expanded Tech-Software Sector ETF comprises approximately 2.0% of Private Capital Advisors Inc.’s portfolio, making the stock its 9th biggest holding. Private Capital Advisors Inc. owned about 0.14% of iShares Expanded Tech-Software Sector ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IGV. JPMorgan Chase & Co. lifted its position in iShares Expanded Tech-Software Sector ETF by 53.1% during the second quarter. JPMorgan Chase & Co. now owns 3,419,536 shares of the company’s stock valued at $374,439,000 after purchasing an additional 1,186,519 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of 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 buying an additional 245,000 shares in the last quarter. Main Management ETF Advisors LLC lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 1.0% in the 2nd quarter. Main Management ETF Advisors LLC now owns 1,669,135 shares of the company’s stock valued at $182,770,000 after acquiring an additional 16,165 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares Expanded Tech-Software Sector ETF by 9.9% in the second quarter. Ameriprise Financial Inc. now owns 647,958 shares of the company’s stock worth $69,984,000 after acquiring an additional 58,125 shares in the last quarter. Finally, L & S Advisors Inc grew its position in iShares Expanded Tech-Software Sector ETF by 7,605.0% in the second quarter. L & S Advisors Inc now owns 211,041 shares of the company’s stock worth $23,109,000 after acquiring an additional 208,302 shares in the last quarter.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of IGV stock opened at $80.85 on Thursday. The company has a market cap of $9.02 billion, a PE ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a 1 year low of $76.25 and a 1 year high of $117.99. The stock’s 50 day simple moving average is $95.18 and its two-hundred day simple moving average is $105.06.

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.