JPMorgan Chase & Co. Decreases Holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

JPMorgan Chase & Co. decreased its position in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 87.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 418,500 shares of the company’s stock after selling 2,954,341 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $37,401,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Morse Asset Management Inc bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 3rd quarter worth approximately $25,000. Fortitude Family Office LLC bought a new stake in iShares Expanded Tech-Software Sector ETF in the third quarter worth $45,000. Merkkuri Wealth Advisors LLC boosted its position in iShares Expanded Tech-Software Sector ETF by 37.9% during the third quarter. Merkkuri Wealth Advisors LLC now owns 3,767 shares of the company’s stock valued at $337,000 after buying an additional 1,036 shares during the period. Lyell Wealth Management LP grew its stake in shares of iShares Expanded Tech-Software Sector ETF by 4.8% during the third quarter. Lyell Wealth Management LP now owns 3,831 shares of the company’s stock valued at $342,000 after buying an additional 175 shares during the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF in the second quarter worth about $358,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of IGV stock opened at $101.68 on Tuesday. The business has a 50-day moving average of $102.49 and a 200 day moving average of $92.34. iShares Expanded Tech-Software Sector ETF has a 1-year low of $123.69 and a 1-year high of $183.23. The stock has a market capitalization of $7.90 billion, a PE ratio of 11.37 and a beta of 1.42.

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).