Hanseatic Management Services Inc. Purchases 22,669 Shares of iShares Expanded Tech-Software Sector ETF $IGV

Hanseatic Management Services Inc. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 22,669 shares of the company’s stock, valued at approximately $2,414,000. iShares Expanded Tech-Software Sector ETF accounts for approximately 1.6% of Hanseatic Management Services Inc.’s holdings, making the stock its 13th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hollencrest Capital Management lifted its holdings in iShares Expanded Tech-Software Sector ETF by 50.2% in the 1st quarter. Hollencrest Capital Management now owns 371 shares of the company’s stock valued at $30,000 after acquiring an additional 124 shares during the last quarter. Strengthening Families & Communities LLC boosted its holdings 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 worth $31,000 after purchasing an additional 198 shares in the last quarter. Compass Financial Management LLC acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the 2nd quarter valued at about $32,000. Bank of New Hampshire bought a new position in iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth $32,000. Finally, Silicon Valley Capital Partners lifted its holdings in shares of iShares Expanded Tech-Software Sector ETF by 208.3% during the second quarter. Silicon Valley Capital Partners now owns 370 shares of the company’s stock worth $34,000 after buying an additional 250 shares during the last quarter.

iShares Expanded Tech-Software Sector ETF Trading Up 0.1%

IGV opened at $111.91 on Thursday. iShares Expanded Tech-Software Sector ETF has a 1-year low of $73.93 and a 1-year high of $116.32. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 45.14 and a beta of 1.15. The business has a 50 day moving average of $106.84 and a 200-day moving average of $94.10.

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.