Magnolia Capital Advisors LLC Takes $358,000 Position in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Magnolia Capital Advisors LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,115 shares of the company’s stock, valued at approximately $358,000.

Other hedge funds also recently modified their holdings of the company. Carret Asset Management LLC boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. Carret Asset Management LLC now owns 4,680 shares of the company’s stock valued at $399,000 after acquiring an additional 3,744 shares during the period. NBC Securities Inc. boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. NBC Securities Inc. now owns 1,750 shares of the company’s stock valued at $149,000 after acquiring an additional 1,400 shares during the period. Sunbelt Securities Inc. boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 400.0% in the first quarter. Sunbelt Securities Inc. now owns 2,545 shares of the company’s stock valued at $217,000 after acquiring an additional 2,036 shares during the period. Comerica Bank boosted its position in shares of iShares Expanded Tech-Software Sector ETF by 357.3% in the first quarter. Comerica Bank now owns 14,835 shares of the company’s stock valued at $1,265,000 after acquiring an additional 11,591 shares during the period. Finally, Garde Capital Inc. acquired a new position in shares of iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at $136,000.

iShares Expanded Tech-Software Sector ETF Trading Up 0.2 %

Shares of BATS IGV opened at $89.38 on Tuesday. The business has a fifty day simple moving average of $85.37 and a 200 day simple moving average of $84.10. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42. iShares Expanded Tech-Software Sector ETF has a one year low of $123.69 and a one year high of $183.23.

iShares Expanded Tech-Software Sector ETF 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).