IGV

iShares Expanded Tech-Software Sector ETF

$84.19
+0.00%
Market closed. Last update: 2:13 AM ET

📎 Investment Objective

The iShares Expanded Tech-Software Sector ETF (IGV) seeks to track the investment results of an index composed of U.S. equities in the software industry.

Overview

ETF tracking iShares Expanded Tech-Software Sector ETF

Category Technology
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $10.6B
Average Volume N/A
Dividend Yield N/A
52-Week Range $76.94 - $117.79
VWAP $84.40

Performance

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Investment Summary

📎 Investment Objective

The iShares Expanded Tech-Software Sector ETF (IGV) seeks to track the investment results of an index composed of U.S. equities in the software industry.

🎯 Investment Strategy

The ETF employs a passively managed, full-replication approach, attempting to replicate the performance of the S&P North American Technology-Software Index. It invests in a representative sample of the index's constituent securities.

✨ Key Features

  • Provides exposure to a diversified portfolio of U.S. software companies
  • Tracks the S&P North American Technology-Software Index, a market-cap-weighted index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking targeted exposure to the software industry

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the software industry
  • Potential volatility due to the cyclical nature of the technology sector
  • Market risk as the fund's performance is tied to the overall stock market
  • Liquidity risk as the fund may have limited trading volume

👤 Best For

This ETF may be suitable for investors seeking long-term capital appreciation through exposure to the U.S. software industry. It may be appropriate as a component of a diversified portfolio, particularly for investors with a higher risk tolerance and a long-term investment horizon.