Key stats
About ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF
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Inception date
Jul 10, 2001
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IGV provides diverse exposure to the North American software industry. It caps individual security weights at 8.5% to provide more diverse exposure to a concentrated industry. The index redistributes its portfolio away from tech giants into smaller, more growth-oriented software companies. Canadian firms are included but make up only a small portion of the portfolio. It's a sensible approach for investors who want exposure to the software industry with subdued concentrations. The fund changed indexes on December 24, 2018. The new index is functionally identical but includes specific companies by name (Activision Blizzard, EA, Snap, Take-Two Interactive, and Zynga). These companies were reclassified into the new Communications Services sector at the end of 2018 and would otherwise have been removed from the fund. Stocks are reviewed semiannually in June and December, and weight capping are applied quarterly starting in March.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks99.90%
Technology Services99.69%
Commercial Services0.16%
Electronic Technology0.05%
Bonds, Cash & Other0.10%
Cash0.09%
Corporate0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IGV invests in stocks. The fund's major sectors are Technology Services, with 99.69% stocks, and Commercial Services, with 0.16% of the basket. The assets are mostly located in the North America region.
IGV top holdings are Microsoft Corporation and Palantir Technologies Inc. Class A, occupying 8.78% and 7.94% of the portfolio correspondingly.
IGV last dividends amounted to 0.09 MXN. Six months before that, the issuer paid 0.09 MXN in dividends, which shows a 4.22% decrease.
IGV assets under management is 226.64 B MXN. It's risen 17.46% over the last month.
IGV fund flows account for 71.61 B MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
IGV shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jul 10, 2001, and its management style is Passive.
IGV expense ratio is 0.41% meaning you'd have to pay 0.41% of your investment to help manage the fund.
IGV follows the S&P North American Expanded Technology Software Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IGV invests in stocks.
IGV price has risen by 20.68% over the last month, and its yearly performance shows a 41.24% increase. See more dynamics on IGV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 17.71% over the last month, showed a −2.94% decrease in three-month performance and has increased by 41.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 17.71% over the last month, showed a −2.94% decrease in three-month performance and has increased by 41.73% in a year.
IGV trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.