Investors Sell Shares of iShares North American Tech-Software ETF (IGV) on Strength (IGV)

Investors sold shares of iShares North American Tech-Software ETF (BATS:IGV) on strength during trading hours on Wednesday. $18.42 million flowed into the stock on the tick-up and $145.31 million flowed out of the stock on the tick-down, for a money net flow of $126.89 million out of the stock. Of all stocks tracked, iShares North American Tech-Software ETF had the 9th highest net out-flow for the day. iShares North American Tech-Software ETF traded up $7.08 for the day and closed at $189.34

A number of hedge funds have recently made changes to their positions in IGV. Morgan Stanley lifted its holdings in iShares North American Tech-Software ETF by 31.7% during the 2nd quarter. Morgan Stanley now owns 1,741,619 shares of the company’s stock valued at $318,160,000 after purchasing an additional 419,524 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of iShares North American Tech-Software ETF by 74.1% in the second quarter. Bank of Nova Scotia now owns 707,185 shares of the company’s stock worth $129,188,000 after acquiring an additional 301,000 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of iShares North American Tech-Software ETF by 9,807.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 297,210 shares of the company’s stock worth $54,303,000 after acquiring an additional 294,210 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of iShares North American Tech-Software ETF by 7,344.2% in the second quarter. SG Americas Securities LLC now owns 150,000 shares of the company’s stock worth $27,402,000 after acquiring an additional 147,985 shares during the last quarter. Finally, Sandler Capital Management bought a new position in shares of iShares North American Tech-Software ETF in the second quarter worth about $24,114,000.

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iShares North American Tech-Software ETF Company Profile (BATS:IGV)

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).

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