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

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 11,657 call options on the stock. This represents an increase of 63% compared to the typical daily volume of 7,145 call options.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Magnolia Capital Advisors LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the second quarter valued at $358,000. Westwind Capital raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 3,226.5% in the third quarter. Westwind Capital now owns 12,807 shares of the company’s stock valued at $1,145,000 after buying an additional 12,422 shares during the period. Merkkuri Wealth Advisors LLC raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 37.9% in the third quarter. Merkkuri Wealth Advisors LLC now owns 3,767 shares of the company’s stock valued at $337,000 after buying an additional 1,036 shares during the period. Lyell Wealth Management LP raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 4.8% in the third quarter. Lyell Wealth Management LP now owns 3,831 shares of the company’s stock valued at $342,000 after buying an additional 175 shares during the period. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the third quarter valued at $45,000.

iShares Expanded Tech-Software Sector ETF Price Performance

iShares Expanded Tech-Software Sector ETF stock opened at $105.09 on Wednesday. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 11.37 and a beta of 1.42. The firm has a fifty day moving average price of $103.33 and a two-hundred day moving average price of $93.93. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $123.69 and a fifty-two week high of $183.23.

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).