Middleton & Co. Inc. MA Acquires New Shares in iShares Expanded Tech-Software Sector ETF $IGV

Middleton & Co. Inc. MA acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 14,978 shares of the company’s stock, valued at approximately $1,595,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ninety One UK Ltd purchased a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter worth approximately $50,789,000. Ayalon Insurance Comp Ltd. grew its position in iShares Expanded Tech-Software Sector ETF by 50.2% in the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 388,765 shares of the company’s stock worth $41,396,000 after purchasing an additional 129,914 shares during the period. Janney Montgomery Scott LLC grew its position in iShares Expanded Tech-Software Sector ETF by 24.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 250,052 shares of the company’s stock worth $20,017,000 after purchasing an additional 48,613 shares during the period. Ninety One SA Pty Ltd grew its position in iShares Expanded Tech-Software Sector ETF by 105.2% in the 3rd quarter. Ninety One SA Pty Ltd now owns 165,865 shares of the company’s stock worth $17,699,000 after purchasing an additional 85,016 shares during the period. Finally, Aurora Investment Managers LLC. bought a new stake in iShares Expanded Tech-Software Sector ETF in the 2nd quarter worth approximately $6,910,000.

iShares Expanded Tech-Software Sector ETF Trading Up 1.7%

Shares of IGV opened at $110.59 on Friday. The firm has a market cap of $12.34 billion, a PE ratio of 45.14 and a beta of 1.15. The firm has a fifty day simple moving average of $106.31 and a two-hundred day simple moving average of $96.70. iShares Expanded Tech-Software Sector ETF has a 1-year low of $73.93 and a 1-year high of $117.76.

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.