Janney Montgomery Scott LLC Has $61.71 Million Holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Janney Montgomery Scott LLC raised its holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 524.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 616,345 shares of the company’s stock after acquiring an additional 517,683 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Expanded Tech-Software Sector ETF were worth $61,708,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Main Management ETF Advisors LLC increased its holdings in iShares Expanded Tech-Software Sector ETF by 0.9% during the 2nd quarter. Main Management ETF Advisors LLC now owns 899,955 shares of the company’s stock valued at $78,206,000 after purchasing an additional 7,830 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF during the 2nd quarter valued at $358,000. Westwind Capital increased its stake in shares of iShares Expanded Tech-Software Sector ETF by 3,226.5% in the 3rd quarter. Westwind Capital now owns 12,807 shares of the company’s stock valued at $1,145,000 after buying an additional 12,422 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in shares of iShares Expanded Tech-Software Sector ETF by 37.9% in the 3rd 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. Finally, Lyell Wealth Management LP increased its stake in shares of iShares Expanded Tech-Software Sector ETF by 4.8% in the 3rd 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 period.

iShares Expanded Tech-Software Sector ETF Stock Performance

BATS IGV opened at $104.15 on Thursday. The stock has a fifty day moving average of $103.24 and a 200-day moving average of $93.46. The stock has a market capitalization of $8.09 billion, a P/E ratio of 11.37 and a beta of 1.42. iShares Expanded Tech-Software Sector ETF has a 52 week low of $123.69 and a 52 week high of $183.23.

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).