WestEnd Advisors LLC Reduces Holdings in iShares Expanded Tech-Software Sector ETF $IGV

WestEnd Advisors LLC trimmed its position in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 50.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,649 shares of the company’s stock after selling 6,902 shares during the quarter. WestEnd Advisors LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $703,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of IGV. Russell Investments Group Ltd. boosted its stake in iShares Expanded Tech-Software Sector ETF by 36.7% during the second quarter. Russell Investments Group Ltd. now owns 2,315 shares of the company’s stock worth $253,000 after buying an additional 622 shares during the period. Baird Financial Group Inc. boosted its stake in iShares Expanded Tech-Software Sector ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 27,931 shares of the company’s stock worth $3,058,000 after buying an additional 672 shares during the period. FWL Investment Management LLC boosted its stake in shares of iShares Expanded Tech-Software Sector ETF by 339.8% during the second quarter. FWL Investment Management LLC now owns 409 shares of the company’s stock valued at $45,000 after purchasing an additional 316 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of 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 purchasing an additional 58,125 shares during the period. Finally, IHT Wealth Management LLC purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the second quarter valued at $1,133,000.

iShares Expanded Tech-Software Sector ETF Trading Up 0.9%

Shares of IGV opened at $85.08 on Friday. The firm has a market capitalization of $9.49 billion, a P/E ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a 12-month low of $73.93 and a 12-month high of $117.99. The firm has a fifty day moving average price of $82.16 and a 200-day moving average price of $97.73.

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.