Hanseatic Management Services Inc. Trims Stock Position in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Hanseatic Management Services Inc. decreased its holdings in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 57.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,597 shares of the company’s stock after selling 23,672 shares during the quarter. iShares Expanded Tech-Software Sector ETF comprises about 2.2% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 10th largest position. Hanseatic Management Services Inc.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whittier Trust Co. purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF in the second quarter valued at $28,000. Fortitude Family Office LLC purchased a new position in shares of iShares Expanded Tech-Software Sector ETF during the third quarter valued at approximately $45,000. Garde Capital Inc. grew its stake in shares of iShares Expanded Tech-Software Sector ETF by 371.7% during the first quarter. Garde Capital Inc. now owns 1,585 shares of the company’s stock valued at $135,000 after buying an additional 1,249 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF in the second quarter worth approximately $204,000. Finally, Transcendent Capital Group LLC lifted its stake in shares of iShares Expanded Tech-Software Sector ETF by 400.0% during the 1st quarter. Transcendent Capital Group LLC now owns 2,500 shares of the company’s stock worth $213,000 after acquiring an additional 2,000 shares during the last quarter.

iShares Expanded Tech-Software Sector ETF Trading Up 4.1 %

Shares of IGV opened at $97.68 on Thursday. iShares Expanded Tech-Software Sector ETF has a 12-month low of $123.69 and a 12-month high of $183.23. The firm has a fifty day moving average price of $89.67 and a 200-day moving average price of $85.60. The firm has a market capitalization of $7.58 billion, a P/E ratio of 11.37 and a beta of 1.42.

iShares Expanded Tech-Software Sector ETF 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).