Transcend Capital Advisors LLC Sells 24,158 Shares of iShares Expanded Tech-Software Sector ETF $IGV

Transcend Capital Advisors LLC decreased its stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 87.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,310 shares of the company’s stock after selling 24,158 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IGV. Copia Wealth Management increased its holdings in shares of iShares Expanded Tech-Software Sector ETF by 29.0% during the third quarter. Copia Wealth Management now owns 1,401 shares of the company’s stock worth $161,000 after buying an additional 315 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in iShares Expanded Tech-Software Sector ETF during the 3rd quarter worth $88,000. Root Financial Partners LLC acquired a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth about $127,000. DMC Group LLC increased its holdings in iShares Expanded Tech-Software Sector ETF by 15.2% in the 3rd quarter. DMC Group LLC now owns 2,968 shares of the company’s stock worth $341,000 after purchasing an additional 392 shares in the last quarter. Finally, Bogart Wealth LLC raised its position in iShares Expanded Tech-Software Sector ETF by 232.5% in the third quarter. Bogart Wealth LLC now owns 266 shares of the company’s stock valued at $31,000 after purchasing an additional 186 shares during the last quarter.

iShares Expanded Tech-Software Sector ETF Trading Down 12.4%

BATS:IGV opened at $85.35 on Wednesday. The stock has a market cap of $9.52 billion, a P/E ratio of 45.14 and a beta of 1.15. The stock’s 50-day moving average is $103.16 and its 200-day moving average is $108.35. iShares Expanded Tech-Software Sector ETF has a 1-year low of $75.96 and a 1-year high of $112.59.

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). 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.