$IGV: Double-Bottom Reversal Setup?Background
IGV is an expanded tech/software ETF. While software has been selling off and AI hardware names have been rallying, the chart suggests momentum may be shifting back toward software.
Why IGV
I like IGV because it provides broad exposure to many of the leading software names in one instr
Key stats
About iShares Expanded Tech-Software Sector ETF
Home page
Inception date
Jul 10, 2001
Structure
Open-Ended Fund
Replication method
Physical
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
Identifiers
3
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.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Tech-Software Reversal? 3 Key Signals Confirming a Market BottomIGV Tech-Software Sector: Potential Bottom Confirmed by Key Technical Confluence
Based on the weekly chart of IGV (iShares Expanded Tech-Software Sector ETF), the price action suggests a solid base has been formed. Multiple bullish technical signals are converging, indicating a high probability of
IGV Testing Overhead Resistance – Short Setup Near $85:Current Price: 85.08 (Analysis was generated on Monday Morning)
Direction: SHORT
Confidence level: 55%(Several professional traders highlighted weak sector momentum, lack of confirmed uptrend, and resistance from a prior double-top structure. X sentiment shows some bullish optimism but volume is s
IGV Breakdown Setup: Software ETF Losing Momentum Below $76:Current Price: 74.67 (Analysis was generated on Monday Morning)
Direction: SHORT
Confidence level: 63%(Multiple professional traders consistently describe the software sector as one of the weakest areas in tech and highlight a breakdown below the $76-$78 support zone. X sentiment is mixed but tech
IGV: The Dot-Com Retail Playbook is Repeating in SoftwareStepped into IGV with a starter on Friday -- short the May 22 $65 puts. Cost basis on assignment lands right at the $64 level, which is where multi-year horizontal support has held twice before. I've watched this one from the sidelines for a while. The setup finally got interesting.
The tape:
– Dow
IGV:SaaS ETFIGV has declined by about 30% year-to-date.
The main reasons cited for the drop include the disruption of SaaS (software-as-a-service) by generative AI, the reallocation of human resources, and various other factors.
The residual value of that market size may have been overestimated. XABCD analysis
Software Sector Full Analysis / Why the S&P 500 is downOver the start of this year, we’ve seen the software sector decline, which is putting pressure on the CAPITALCOM:US500 and dragging it lower.
The software sector, together with the hardware sector, forms two major subsectors within the tech sector. Software is currently under pressure mainly due
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IGV trades at 85.43 USD today, its price has risen 0.27% in the past 24 hours. Track more dynamics on IGV price chart.
IGV net asset value is 85.25 today — it's risen 5.95% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IGV assets under management is 11.32 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IGV price has risen by 8.91% over the last month, and its yearly performance shows a −8.29% decrease. See more dynamics on IGV price chart.
NAV returns, another gauge of an ETF dynamics, showed a −12.78% decrease in three-month performance and has decreased by −8.56% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −12.78% decrease in three-month performance and has decreased by −8.56% in a year.
IGV fund flows account for 1.08 B USD (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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IGV invests in stocks. See more details in our Analysis section.
IGV expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IGV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IGV technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IGV shows the neutral signal. See more of IGV technicals for a more comprehensive analysis.
Today, IGV technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IGV shows the neutral signal. See more of IGV technicals for a more comprehensive analysis.
IGV trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IGV shares are issued by BlackRock, Inc.
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.
The fund started trading on Jul 10, 2001.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.









