Riverbridge Partners LLC Purchases 8,433 Shares of iShares Expanded Tech-Software Sector ETF $IGV

Riverbridge Partners LLC purchased a new stake in iShares Expanded Tech-Software Sector ETF (BATS:IGV) during the 3rd quarter, Holdings Channel reports. The firm purchased 8,433 shares of the company’s stock, valued at approximately $898,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Confluence Wealth Services Inc. acquired a new position in shares of iShares Expanded Tech-Software Sector ETF during the 3rd quarter worth about $233,000. Leuthold Group LLC acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF in the third quarter valued at about $1,313,000. Carret Asset Management LLC acquired a new stake in shares of iShares Expanded Tech-Software Sector ETF in the third quarter valued at about $447,000. Compass Financial Management LLC increased its position in shares of iShares Expanded Tech-Software Sector ETF by 29.4% in the third quarter. Compass Financial Management LLC now owns 422 shares of the company’s stock valued at $45,000 after acquiring an additional 96 shares during the last quarter. Finally, Hanseatic Management Services Inc. bought a new stake in iShares Expanded Tech-Software Sector ETF during the third quarter worth about $2,414,000.

iShares Expanded Tech-Software Sector ETF Stock Performance

IGV opened at $102.23 on Thursday. iShares Expanded Tech-Software Sector ETF has a 52-week low of $73.93 and a 52-week high of $113.70. The firm has a market capitalization of $12.81 billion, a PE ratio of 35.19 and a beta of 1.18. The business’s 50-day simple moving average is $106.27 and its 200 day simple moving average is $94.21.

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). The Underlying Index measures the performance of United States-traded stocks of software-related companies in the United States and Canada. The Underlying Index includes companies that are producers of client/server applications, enterprise software, application software, personal computers and home entertainment software.