iShares Expanded Tech-Software Sector ETF Target of Unusually High Options Trading (BATS:IGV)

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

iShares Expanded Tech-Software Sector ETF Stock Up 7.9 %

Shares of iShares Expanded Tech-Software Sector ETF stock traded up $7.66 on Tuesday, reaching $105.07. The stock had a trading volume of 4,786,034 shares. The company has a 50 day moving average price of $103.32 and a 200 day moving average price of $93.82. iShares Expanded Tech-Software Sector ETF has a 1 year low of $123.69 and a 1 year high of $183.23. The stock has a market capitalization of $8.16 billion, a P/E ratio of 11.37 and a beta of 1.42.

Institutional Trading of iShares Expanded Tech-Software Sector ETF

Large investors have recently made changes to their positions in the business. Main Management ETF Advisors LLC lifted its stake in shares of iShares Expanded Tech-Software Sector ETF by 84.6% in the 3rd quarter. Main Management ETF Advisors LLC now owns 1,661,055 shares of the company’s stock valued at $148,448,000 after purchasing an additional 761,100 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its position in iShares Expanded Tech-Software Sector ETF by 23.3% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,689,572 shares of the company’s stock worth $329,737,000 after acquiring an additional 697,127 shares during the period. Janney Montgomery Scott LLC raised its position in iShares Expanded Tech-Software Sector ETF by 524.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 616,345 shares of the company’s stock worth $61,708,000 after acquiring an additional 517,683 shares during the period. Flow Traders U.S. LLC acquired a new position in iShares Expanded Tech-Software Sector ETF during the third quarter worth $3,215,000. Finally, Silverleafe Capital Partners LLC raised its position in iShares Expanded Tech-Software Sector ETF by 66.3% during the fourth quarter. Silverleafe Capital Partners LLC now owns 81,668 shares of the company’s stock worth $8,177,000 after acquiring an additional 32,564 shares during the period.

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).