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.
Wall Street continues to exhibit volatility at the start of 2025, representing an opportunity for investors to buy ETFs at a bargain.
Tony Wang, T. Rowe Price portfolio manager, joins 'Closing Bell Overtime' to talk its tech investing playbook for 2025
Launched on 07/10/2001, 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.
Software has historically outperformed hardware, but AI-driven hardware has surged in the past few years. Is it time to make a switch? IGV ETF's software portfolio seems overvalued at 38x PE and 2.3x PEG, while price targets point to only a 1% upside potential. In contrast, the semiconductor sector (SOXX ETF) offers a 25% upside potential with higher EPS growth and cheaper valuations.
Sung Cho, Goldman Sachs co-head public tech investing, joins 'Closing Bell' to discuss the tech trade and earnings.