8,804 iShares Expanded Tech-Software Sector ETF $IGV Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 44.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,963 shares of the company’s stock after selling 8,804 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,167,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of IGV. Bank of New Hampshire acquired a new position in iShares Expanded Tech-Software Sector ETF during the 3rd quarter worth approximately $32,000. Compass Financial Management LLC purchased a new position in iShares Expanded Tech-Software Sector ETF in the 2nd quarter worth approximately $32,000. Strengthening Families & Communities LLC grew its position in iShares Expanded Tech-Software Sector ETF by 134.7% in the second quarter. Strengthening Families & Communities LLC now owns 345 shares of the company’s stock valued at $31,000 after acquiring an additional 198 shares in the last quarter. Silicon Valley Capital Partners grew its position in iShares Expanded Tech-Software Sector ETF by 208.3% in the second quarter. Silicon Valley Capital Partners now owns 370 shares of the company’s stock valued at $34,000 after acquiring an additional 250 shares in the last quarter. Finally, Hollencrest Capital Management raised its stake in shares of iShares Expanded Tech-Software Sector ETF by 50.2% during the first quarter. Hollencrest Capital Management now owns 371 shares of the company’s stock valued at $30,000 after purchasing an additional 124 shares during the period.

iShares Expanded Tech-Software Sector ETF Stock Down 1.1%

IGV opened at $100.33 on Wednesday. The firm’s 50 day moving average is $106.35 and its 200-day moving average is $94.19. iShares Expanded Tech-Software Sector ETF has a 52-week low of $73.93 and a 52-week high of $113.70. The firm has a market capitalization of $12.58 billion, a P/E ratio of 35.19 and a beta of 1.18.

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). 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.