Key stats
About iShares Expanded Tech-Software Sector ETF
Expense ratio
0.41%
Home page
Inception date
Jul 10, 2001
ISIN
US4642875151
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
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
CHIPS AND SUPER CYCLE SUPPORT OCT 13TH .50% AND .786 %The chart posted is that of the IGV INDEX AND ETF . Simple if we break it the bear market has 35 % more downside and into mid june 2023 BUT WE RALLY MUCH MORE then the US$ is in freefall.
Open short positions soon….Based on price action I believe the IGV will continue to fall as earnings approach and a continued risk of high inflation we could see some continued selling off of the IGV.
BOT + BOS = Get shortBreak of Trendline plus break of structure
Price consolidated and broke trendline
3:1 RR
Has IGV bottomed?It looks like IGV (tech software sector) has reached a bottom for now. It touched the uptrend line dating back to 2009. There is a lot buying volume in the last couple of weeks. It could be a good time to start buying into the top 3 holdings (MSFT, ADBE, CRM) of this ETF.
Please evaluate own risk b
IGV $IGV iShares Expanded Tech Sector Initial ShortIGV $IGV iShares Expanded Tech Sector Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
IGV (iShares Expanded Tech - Software Sector ETF)Comparing the performance of the IGV ETF versus the S&P 500 and the NASDAQ indexes since September 30, 2021.
$IGV wait for confirmation (3/5)Conviction: 3/5
Better to wait until we break above downtrend resistance line, but overall looks strong
seemed to bounce off 100WMA
RSI-W at historical buy points
bounced off (for now) 50% retracement
RISKS
Very expensive relative to historical trend
Software at 200sma + HorizontalIGV, a Software based ETF, is currently at the 200sma which has shown support before. It is also at horizontal support from February highs.
Trade setup is drawn in chart. The risk-reward-ratio is above 4.
Top 10 holdings
MSFT (10%)
CRM (9%)
ADBE (9%)
INTU (7%)
ORCL (6%)
NOW (5%)
ADSK (2
$IGV softies- Growth puke on par % w/Feb'Mar'21, same as $QNET- IGV this growth puke not any worse vs Feb/March, same as $QNET Nasdaq Internet Index posted.
Look at where this one closed Friday, right at Feb peak.
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