iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 1-Year Low at $80.27

iShares Expanded Tech-Software Sector ETF (BATS:IGV)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $80.27 and last traded at $80.46, with a volume of 5377930 shares changing hands. The stock had previously closed at $82.76.

iShares Expanded Tech-Software Sector ETF Price Performance

The company’s 50-day simple moving average is $85.11 and its 200-day simple moving average is $79.59. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 11.57 and a beta of 1.39.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

A number of hedge funds have recently made changes to their positions in the stock. Fifth Third Securities Inc. boosted its holdings in iShares Expanded Tech-Software Sector ETF by 1.5% in the third quarter. Fifth Third Securities Inc. now owns 13,965 shares of the company’s stock worth $4,766,000 after purchasing an additional 207 shares during the period. Spence Asset Management boosted its holdings in iShares Expanded Tech-Software Sector ETF by 1.8% in the fourth quarter. Spence Asset Management now owns 4,622 shares of the company’s stock worth $1,875,000 after purchasing an additional 83 shares during the period. Lazard Asset Management LLC boosted its holdings in iShares Expanded Tech-Software Sector ETF by 52.5% in the third quarter. Lazard Asset Management LLC now owns 8,297 shares of the company’s stock worth $2,831,000 after purchasing an additional 2,855 shares during the period. Greenwood Gearhart Inc. boosted its holdings in iShares Expanded Tech-Software Sector ETF by 0.4% in the third quarter. Greenwood Gearhart Inc. now owns 38,812 shares of the company’s stock worth $13,245,000 after purchasing an additional 154 shares during the period. Finally, Capital Management Associates NY boosted its holdings in iShares Expanded Tech-Software Sector ETF by 29.4% in the third quarter. Capital Management Associates NY now owns 2,200 shares of the company’s stock worth $751,000 after purchasing an additional 500 shares during the period.

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).