Traders Purchase High Volume of Call Options on iShares Expanded Tech-Software Sector ETF (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) saw some unusual options trading activity on Wednesday. Investors acquired 13,552 call options on the stock. This represents an increase of 72% compared to the typical volume of 7,877 call options.

iShares Expanded Tech-Software Sector ETF Stock Up 0.3%

Shares of iShares Expanded Tech-Software Sector ETF stock traded up $0.33 during trading on Wednesday, hitting $97.74. 4,786,034 shares of the company were exchanged, compared to its average volume of 4,891,485. The stock has a market capitalization of $10.90 billion, a price-to-earnings ratio of 45.14 and a beta of 1.15. The firm has a 50 day moving average price of $104.29 and a 200 day moving average price of $109.03. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $75.96 and a fifty-two week high of $112.59.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Hedge funds have recently bought and sold shares of the company. Arkadios Wealth Advisors bought a new position in shares of iShares Expanded Tech-Software Sector ETF in the 2nd quarter worth $240,000. L & S Advisors Inc grew its position in iShares Expanded Tech-Software Sector ETF by 7,605.0% during the 2nd quarter. L & S Advisors Inc now owns 211,041 shares of the company’s stock valued at $23,109,000 after purchasing an additional 208,302 shares during the last quarter. Transcend Capital Advisors LLC raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 1.2% in the second quarter. Transcend Capital Advisors LLC now owns 27,468 shares of the company’s stock worth $3,008,000 after purchasing an additional 321 shares during the last quarter. Main Management ETF Advisors LLC grew its position in 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 worth $182,770,000 after purchasing an additional 16,165 shares during the period. Finally, Strategic Blueprint LLC boosted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 12.5% in the second quarter. Strategic Blueprint LLC now owns 28,660 shares of the company’s stock worth $3,138,000 after buying an additional 3,175 shares during the last quarter.

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.