iShares U.S. Financials ETF $IYF Shares Acquired by Baird Financial Group Inc.

Baird Financial Group Inc. lifted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,790 shares of the company’s stock after purchasing an additional 214 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares U.S. Financials ETF were worth $992,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Comerica Bank boosted its stake in shares of iShares U.S. Financials ETF by 1.0% in the 4th quarter. Comerica Bank now owns 9,852 shares of the company’s stock valued at $1,089,000 after buying an additional 93 shares during the period. Picton Mahoney Asset Management increased its stake in shares of iShares U.S. Financials ETF by 11.1% during the first quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock worth $113,000 after buying an additional 100 shares during the period. National Bank of Canada FI increased its stake in shares of iShares U.S. Financials ETF by 1.4% during the first quarter. National Bank of Canada FI now owns 7,453 shares of the company’s stock worth $841,000 after buying an additional 100 shares during the period. CreativeOne Wealth LLC increased its stake in shares of iShares U.S. Financials ETF by 1.7% during the first quarter. CreativeOne Wealth LLC now owns 5,963 shares of the company’s stock worth $673,000 after buying an additional 101 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of iShares U.S. Financials ETF by 3.7% during the first quarter. Larson Financial Group LLC now owns 2,895 shares of the company’s stock worth $327,000 after buying an additional 102 shares during the period.

iShares U.S. Financials ETF Stock Performance

IYF stock opened at $124.84 on Wednesday. The company’s 50 day moving average price is $122.97 and its 200 day moving average price is $116.20. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 16.42 and a beta of 1.03. iShares U.S. Financials ETF has a fifty-two week low of $95.34 and a fifty-two week high of $126.58.

iShares U.S. Financials ETF Company Profile

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.