iShares Expanded Tech-Software Sector ETF (BATS:IGV) Short Interest Update

iShares Expanded Tech-Software Sector ETF (BATS:IGV) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 34,545,879 shares, a decline of 35.6% from the June 15th total of 53,675,972 shares. Based on an average trading volume of 18,541,249 shares, the days-to-cover ratio is presently 1.9 days. Approximately 31.0% of the shares of the company are short sold.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IGV. Resources Management Corp CT ADV grew its stake 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 worth $29,000 after purchasing an additional 150 shares during the period. Hollencrest Capital Management raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 50.2% during the 1st quarter. Hollencrest Capital Management now owns 371 shares of the company’s stock worth $30,000 after buying an additional 124 shares during the period. Bogart Wealth LLC lifted its position in shares of iShares Expanded Tech-Software Sector ETF by 48.5% during the 4th quarter. Bogart Wealth LLC now owns 395 shares of the company’s stock valued at $42,000 after buying an additional 129 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $42,000. Finally, FWL Investment Management LLC lifted its holdings in 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 in the last quarter.

iShares Expanded Tech-Software Sector ETF Stock Down 0.3%

iShares Expanded Tech-Software Sector ETF stock opened at $93.70 on Friday. The stock has a 50-day moving average price of $92.87 and a 200 day moving average price of $89.64. The company has a market capitalization of $10.45 billion, a price-to-earnings ratio of 45.14 and a beta of 1.15. iShares Expanded Tech-Software Sector ETF has a 52 week low of $73.93 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.