Transcendent Capital Group LLC Decreases Holdings in iShares Expanded Tech-Software Sector ETF $IGV

Transcendent Capital Group LLC reduced its holdings in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 87.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,500 shares of the company’s stock after selling 17,072 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $288,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Ameriflex Group Inc. purchased a new stake in iShares Expanded Tech-Software Sector ETF during the second quarter worth approximately $63,000. Chung Wu Investment Group LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF during the second quarter worth approximately $27,000. Confluence Wealth Services Inc. purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the 2nd quarter worth approximately $238,000. Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 81.3% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,492 shares of the company’s stock valued at $601,000 after buying an additional 2,463 shares in the last quarter. Finally, DMC Group LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the 2nd quarter valued at $282,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of BATS:IGV opened at $89.50 on Tuesday. iShares Expanded Tech-Software Sector ETF has a 12 month low of $75.96 and a 12 month high of $112.59. The firm has a market capitalization of $9.98 billion, a P/E ratio of 45.14 and a beta of 1.15. The company’s fifty day moving average price is $103.52 and its 200 day moving average price is $108.54.

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.