Ishares Expanded Tech Software Etf Profile
| IGV Etf | USD 92.82 0.46 0.50% |
Performance5 of 100
| Odds Of DistressLess than 9
|
IShares Expanded is selling for under 92.82 as of the 12th of October 2024; that is 0.50 percent increase since the beginning of the trading day. The etf's lowest day price was 92.41. IShares Expanded has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for iShares Expanded Tech Software are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. More on iShares Expanded Tech Software
Moving together with IShares Etf
IShares Etf Highlights
| Chairman | George Parker |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Information Technology ETFs, Technology, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2001-07-10 |
| Benchmark | S&P North American Expanded Technology Software Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6.81 Billion |
| Average Trading Valume | 3.53 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | BlackRock Fund Advisors |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Paul Whitehead, Greg Savage, Amy Whitelaw |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 118 |
| Market Maker | Latour Trading |
| Total Expense | 0.41 |
| Management Fee | 0.41 |
| Country Name | USA |
| Returns Y T D | 13.84 |
| Name | iShares Expanded Tech-Software Sector ETF |
| Currency Code | USD |
| Open Figi | BBG000BGQ921 |
| In Threey Volatility | 24.13 |
| 1y Volatility | 21.58 |
| 200 Day M A | 84.3406 |
| 50 Day M A | 86.5062 |
| Code | IGV |
| Updated At | 12th of October 2024 |
| Currency Name | US Dollar |
iShares Expanded Tech Software [IGV] is traded in USA and was established 2001-07-10. The fund is classified under Technology category within iShares family. The entity is thematically classified as Sector ETFs. iShares Expanded Tech currently have 4.59 B in assets under management (AUM). , while the total return for the last 3 years was 4.5%.
Check IShares Expanded Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Expanded Tech Software Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Expanded Tech Software Etf Constituents
| NOW | ServiceNow | Stock | Information Technology | |
| ZM | Zoom Video Communications | Stock | Information Technology | |
| WDAY | Workday | Stock | Information Technology | |
| SPLK | Splunk Inc | Stock | Information Technology | |
| SNAP | Snap Inc | Stock | Communication Services | |
| PANW | Palo Alto Networks | Stock | Information Technology | |
| ORCL | Oracle | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology |
IShares Expanded Top Holders
| GRZZX | Grizzly Short Fund | Mutual Fund | Trading--Inverse Equity | |
| MFLDX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| NAVCX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVAX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVIX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| MFCDX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| MFADX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| FSKKX | K2 Alternative Strategies | Mutual Fund | Multistrategy |
iShares Expanded Tech Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Expanded. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.076 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.0002) |
IShares Expanded Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Expanded Tech Software. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of iShares Expanded Tech is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Expanded's value that differs from its market value or its book value, called intrinsic value, which is IShares Expanded's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Expanded's market value can be influenced by many factors that don't directly affect IShares Expanded's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Expanded's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Expanded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Expanded's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.