Ashley MacNeill, Vista Equity, joins 'Closing Bell' to discuss the software market's weakness, if the market is still considering about software as a service and much more.
Launched on July 10, 2001, the iShares Expanded Tech-Software Sector ETF (IGV) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Software segment of the equity market.
AI's rapid adoption, steady software demand, and the sector's long-term growth potential put focus on ETFs like IGV and XSW.
AI is fundamentally disrupting the software industry, lowering barriers to entry and intensifying competition, especially for mid-sized companies. Large software firms with strong moats, brand power, and data — like Microsoft, Salesforce, Spotify and Palo Alto Networks — are better positioned to adapt and benefit from AI. IGV ETF is preferable due to its concentration in resilient, leading software companies likely to withstand and capitalize on AI-driven changes; I rate IGV as hold.
If you're interested in broad exposure to the Technology - Software segment of the equity market, look no further than the iShares Expanded Tech-Software Sector ETF (IGV), a passively managed exchange traded fund launched on July 10, 2001.
IGV has outperformed the S&P 500 by over 15 percentage points since my bullish call, driven by strong momentum and a solid technical setup. The ETF offers exposure to high-growth US large-cap software names, with a premium P/E but robust historical and forward earnings growth. Technical analysis signals further upside if IGV breaks the $108-$111 range, with a potential target in the low to mid-$140s.
Looking for broad exposure to the Technology - Software segment of the equity market? You should consider the iShares Expanded Tech-Software Sector ETF (IGV), a passively managed exchange traded fund launched on 07/10/2001.
The software industry is immune to trade tariffs, making it a strong investment opportunity amid the tech sector selloff. Software stocks are undervalued with high growth prospects driven by AI adoption, digitalization, and cloud spending. iShares Expanded Tech-Software Sector ETF (IGV) offers diversified exposure to 122 software companies, reducing risk while capitalizing on industry trends.
When discussing progress made in AI technology so far, a common phrase stated one way or another is “We're in the early innings." Baseball references aside, it is largely thought that the buildup of AI infrastructure is part of the first stage of this new technology.
The iShares Expanded Tech-Software Sector ETF (IGV) was launched on 07/10/2001, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Software segment of the equity market.
The software sector, particularly the iShares Expanded Tech-Software Sector ETF, is relatively immune to current market risks like high yields, DeepSeek, and trade wars. Software companies benefit from recurring subscription revenue, scalability, and minimal reliance on global supply chains, making them resilient against economic uncertainties. IGV is a well-diversified, passively managed ETF with a reasonable expense ratio, avoiding over-concentration in top stocks and maintaining steady performance.
Ashley MacNeill, Vista Equity Partners head of equity capital markets, joins 'Closing Bell' to discuss momentum in the tech trade and the bull case for software.