Migdal Insurance & Financial Holdings Ltd. Acquires 697,127 Shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 23.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,689,572 shares of the company’s stock after purchasing an additional 697,127 shares during the period. iShares Expanded Tech-Software Sector ETF comprises approximately 5.3% of Migdal Insurance & Financial Holdings Ltd.’s holdings, making the stock its 2nd largest holding. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $329,737,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IGV. Lyell Wealth Management LP grew its stake in shares of iShares Expanded Tech-Software Sector ETF by 4.8% in 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 in the last quarter. Global Financial Private Client LLC grew its position in shares of iShares Expanded Tech-Software Sector ETF by 1.6% in the 2nd quarter. Global Financial Private Client LLC now owns 12,753 shares of the company’s stock valued at $1,108,000 after acquiring an additional 197 shares during the period. Whittier Trust Co. acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the 2nd quarter worth about $28,000. Monetary Management Group Inc. raised its holdings in shares of iShares Expanded Tech-Software Sector ETF by 11.0% in the 2nd quarter. Monetary Management Group Inc. now owns 5,025 shares of the company’s stock valued at $437,000 after purchasing an additional 500 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the 3rd quarter valued at about $45,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

iShares Expanded Tech-Software Sector ETF stock opened at $101.24 on Friday. The stock has a 50-day simple moving average of $90.24 and a 200 day simple moving average of $85.86. The stock has a market capitalization of $7.86 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.

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).