iShares Expanded Tech-Software Sector ETF $IGV Stock Purchased by Ninety One SA Pty Ltd

Ninety One SA Pty Ltd boosted its stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 105.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 165,865 shares of the company’s stock after acquiring an additional 85,016 shares during the quarter. iShares Expanded Tech-Software Sector ETF accounts for about 0.9% of Ninety One SA Pty Ltd’s portfolio, making the stock its 15th biggest holding. Ninety One SA Pty Ltd’s holdings in iShares Expanded Tech-Software Sector ETF were worth $17,699,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IGV. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF during the third quarter worth about $84,000. Steel Grove Capital Advisors LLC purchased a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at about $323,000. Valley Wealth Managers Inc. purchased a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at about $3,769,000. Allen Mooney & Barnes Investment Advisors LLC purchased a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at about $207,000. Finally, Ayalon Insurance Comp Ltd. lifted its stake 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 valued at $41,396,000 after buying an additional 129,914 shares in the last quarter.

iShares Expanded Tech-Software Sector ETF Price Performance

IGV stock traded up $0.99 during trading on Thursday, hitting $108.64. The stock had a trading volume of 5,457,245 shares, compared to its average volume of 17,786,543. iShares Expanded Tech-Software Sector ETF has a twelve month low of $73.93 and a twelve month high of $117.76. The stock has a market capitalization of $12.12 billion, a P/E ratio of 45.14 and a beta of 1.15. The company’s 50-day moving average price is $105.70 and its two-hundred day moving average price is $95.41.

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.