Baird Financial Group Inc. Has $1.21 Million Stock Position in iShares Expanded Tech-Software Sector ETF (BATS:IGV)

Baird Financial Group Inc. reduced its stake in shares of iShares Expanded Tech-Software Sector ETF (BATS:IGV) by 35.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,036 shares of the company’s stock after selling 6,730 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares Expanded Tech-Software Sector ETF were worth $1,205,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IGV. Rosenberg Matthew Hamilton acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at about $32,000. Ethos Financial Group LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at about $40,000. Aspect Partners LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at about $56,000. MassMutual Private Wealth & Trust FSB acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at about $71,000. Finally, Tanglewood Legacy Advisors LLC acquired a new stake in iShares Expanded Tech-Software Sector ETF in the fourth quarter valued at about $78,000.

iShares Expanded Tech-Software Sector ETF Stock Up 6.9%

BATS:IGV opened at $104.15 on Wednesday. The stock’s 50-day simple moving average is $91.60 and its 200 day simple moving average is $98.39. The firm has a market capitalization of $11.91 billion, a PE ratio of 42.88 and a beta of 1.16. iShares Expanded Tech-Software Sector ETF has a twelve month low of $75.96 and a twelve month high of $110.84.

About iShares Expanded Tech-Software Sector ETF

iShares North American Tech-Software ETF (the Fund), formerly iShares S&P North American Technology-Software Index Fund, is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P North American Technology Software Index (the Underlying Index).