Bank of New York Mellon Corp Boosts Stock Holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Bank of New York Mellon Corp lifted its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 577.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 95,902 shares of the company’s stock after buying an additional 81,738 shares during the period. Bank of New York Mellon Corp owned approximately 0.12% of iShares Expanded Tech-Software Sector ETF worth $9,602,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IGV. Morse Asset Management Inc acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 3rd quarter valued at approximately $25,000. Rosenberg Matthew Hamilton acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at approximately $32,000. Aspect Partners LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at approximately $56,000. MassMutual Private Wealth & Trust FSB acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at approximately $71,000. Finally, Tanglewood Legacy Advisors LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 4th quarter valued at approximately $78,000.

iShares Expanded Tech-Software Sector ETF Trading Down 5.8 %

Shares of BATS IGV opened at $91.75 on Friday. iShares Expanded Tech-Software Sector ETF has a 12 month low of $75.96 and a 12 month high of $110.84. The company has a 50 day simple moving average of $100.27 and a two-hundred day simple moving average of $97.54. The stock has a market cap of $9.88 billion, a price-to-earnings ratio of 43.83 and a beta of 1.10.

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).