Quantbot Technologies LP Raises Holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Quantbot Technologies LP grew its holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 73.6% in the fourth quarter, Holdings Channel reports. The firm owned 36,951 shares of the company’s stock after buying an additional 15,670 shares during the quarter. Quantbot Technologies LP’s holdings in iShares Expanded Tech-Software Sector ETF were worth $3,700,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IGV. Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares Expanded Tech-Software Sector ETF in the 4th quarter worth about $210,853,000. Main Management ETF Advisors LLC grew its stake in shares of iShares Expanded Tech-Software Sector ETF by 84.6% in the third quarter. Main Management ETF Advisors LLC now owns 1,661,055 shares of the company’s stock worth $148,448,000 after acquiring an additional 761,100 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 524.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 616,345 shares of the company’s stock valued at $61,708,000 after purchasing an additional 517,683 shares during the last quarter. WestEnd Advisors LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the fourth quarter valued at approximately $51,829,000. Finally, Bank of New York Mellon Corp lifted its position in iShares Expanded Tech-Software Sector ETF by 577.1% during the fourth quarter. Bank of New York Mellon Corp now owns 95,902 shares of the company’s stock valued at $9,602,000 after purchasing an additional 81,738 shares during the period.

iShares Expanded Tech-Software Sector ETF Trading Down 4.4 %

BATS:IGV opened at $93.09 on Friday. The company has a market cap of $9.93 billion, a PE ratio of 41.86 and a beta of 1.12. The company has a 50 day simple moving average of $99.51 and a two-hundred day simple moving average of $97.76. iShares Expanded Tech-Software Sector ETF has a 12 month low of $75.96 and a 12 month high of $110.84.

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).