Investors Purchase High Volume of iShares Expanded Tech-Software Sector ETF Call Options (BATS:IGV)

iShares Expanded Tech-Software Sector ETF (BATS:IGV) was the recipient of some unusual options trading on Tuesday. Investors bought 11,657 call options on the stock. This represents an increase of 63% compared to the typical daily volume of 7,145 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. WestEnd Advisors LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $51,829,000. Confluence Wealth Services Inc. bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $227,000. DMC Group LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $210,000. Ibex Wealth Advisors bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $295,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of iShares Expanded Tech-Software Sector ETF in the 4th quarter worth $354,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

BATS IGV opened at $105.09 on Wednesday. iShares Expanded Tech-Software Sector ETF has a fifty-two week low of $123.69 and a fifty-two week high of $183.23. The stock has a 50 day simple moving average of $103.33 and a two-hundred day simple moving average of $93.93. The stock has a market cap of $8.16 billion, a P/E 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).