Baird Financial Group Inc. Grows Position in iShares Select U.S. REIT ETF (BATS:ICF)

Baird Financial Group Inc. boosted its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 0.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 92,977 shares of the company’s stock after acquiring an additional 603 shares during the period. Baird Financial Group Inc.’s holdings in iShares Select U.S. REIT ETF were worth $5,603,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of iShares Select U.S. REIT ETF in the fourth quarter worth approximately $35,359,000. Alexis Investment Partners LLC bought a new position in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at $5,965,000. Foundations Investment Advisors LLC boosted its stake in shares of iShares Select U.S. REIT ETF by 14.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 441,678 shares of the company’s stock worth $26,615,000 after buying an additional 54,693 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Select U.S. REIT ETF by 11.2% in the fourth quarter. LPL Financial LLC now owns 353,622 shares of the company’s stock worth $21,309,000 after acquiring an additional 35,582 shares during the period. Finally, Principal Financial Group Inc. purchased a new stake in iShares Select U.S. REIT ETF during the fourth quarter valued at $1,465,000.

iShares Select U.S. REIT ETF Stock Performance

ICF stock opened at $61.27 on Friday. The business’s 50-day moving average is $60.10 and its two-hundred day moving average is $61.61. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 32.88 and a beta of 0.97. iShares Select U.S. REIT ETF has a fifty-two week low of $52.76 and a fifty-two week high of $67.57.

iShares Select U.S. REIT ETF Profile

iShares Cohen & Steers REIT ETF (the Fund), formerly iShares Cohen & Steers Realty Majors Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Cohen & Steers Realty Majors Index (the Index). The Index consists of selected real estate investment trusts (REITs).