Migdal Insurance & Financial Holdings Ltd. Trims Stock Holdings in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Migdal Insurance & Financial Holdings Ltd. cut its stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 23.7% during the 4th quarter, Holdings Channel reports. The fund owned 2,814,572 shares of the company’s stock after selling 875,000 shares during the period. iShares Expanded Tech-Software Sector ETF comprises approximately 4.0% of Migdal Insurance & Financial Holdings Ltd.’s investment portfolio, making the stock its 4th largest position. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $281,795,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Morse Asset Management Inc purchased a new stake in shares of iShares Expanded Tech-Software Sector ETF in the third quarter valued at about $25,000. Rosenberg Matthew Hamilton purchased a new stake in iShares Expanded Tech-Software Sector ETF during the fourth quarter worth about $32,000. Fortitude Family Office LLC bought a new position in iShares Expanded Tech-Software Sector ETF during the third quarter worth about $45,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at approximately $71,000. Finally, DMC Group LLC bought a new position in shares of iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at approximately $210,000.

iShares Expanded Tech-Software Sector ETF Price Performance

Shares of iShares Expanded Tech-Software Sector ETF stock opened at $105.19 on Friday. The firm has a market cap of $8.17 billion, a PE ratio of 11.37 and a beta of 1.42. iShares Expanded Tech-Software Sector ETF has a 1 year low of $123.69 and a 1 year high of $183.23. The company has a 50 day simple moving average of $103.20 and a two-hundred day simple moving average of $94.71.

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).