Baird Financial Group Inc. Buys 1,884 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Baird Financial Group Inc. grew its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 29.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,247 shares of the company’s stock after purchasing an additional 1,884 shares during the period. Baird Financial Group Inc.’s holdings in iShares U.S. Financial Services ETF were worth $642,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Roxbury Financial LLC bought a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $50,000. Hopwood Financial Services Inc. acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $55,000. SRS Capital Advisors Inc. boosted its holdings in shares of iShares U.S. Financial Services ETF by 63.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock worth $67,000 after acquiring an additional 333 shares in the last quarter. Finally, Millstone Evans Group LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $79,000.

iShares U.S. Financial Services ETF Price Performance

Shares of IYG opened at $82.35 on Thursday. The company has a market capitalization of $1.73 billion, a P/E ratio of 16.59 and a beta of 1.11. iShares U.S. Financial Services ETF has a one year low of $63.60 and a one year high of $84.91. The business’s 50 day simple moving average is $76.40 and its 200-day simple moving average is $78.93.

About iShares U.S. Financial Services ETF

iShares U.S. Financial Services ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market.