iShares Expanded Tech-Software Sector ETF (BATS:IGV) Reaches New 1-Year Low at $81.60

iShares Expanded Tech-Software Sector ETF (BATS:IGV)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $81.60 and last traded at $81.98, with a volume of 2112206 shares trading hands. The stock had previously closed at $82.47.

iShares Expanded Tech-Software Sector ETF Price Performance

The stock has a fifty day simple moving average of $84.23 and a two-hundred day simple moving average of $83.83. The firm has a market capitalization of $6.51 billion, a P/E ratio of 11.37 and a beta of 1.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Whittier Trust Co. acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the second quarter valued at about $28,000. Garde Capital Inc. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF during the fourth quarter valued at approximately $136,000. NBC Securities Inc. raised its position in shares of iShares Expanded Tech-Software Sector ETF by 32.1% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $141,000 after purchasing an additional 85 shares during the period. Barometer Capital Management Inc. bought a new position in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $203,000. Finally, Transcendent Capital Group LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the 4th quarter valued at $203,000.

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).