UBS Group AG boosted its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) by 54.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 224,982 shares of the exchange traded fund’s stock after buying an additional 79,153 shares during the quarter. UBS Group AG owned approximately 1.22% of iShares U.S. Telecommunications ETF worth $7,627,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of IYZ. WFA of San Diego LLC acquired a new position in shares of iShares U.S. Telecommunications ETF during the 2nd quarter worth approximately $25,000. Assetmark Inc. lifted its holdings in iShares U.S. Telecommunications ETF by 751.9% during the 3rd quarter. Assetmark Inc. now owns 886 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 782 shares during the last quarter. Miller Global Investments LLC acquired a new stake in iShares U.S. Telecommunications ETF during the 4th quarter valued at $60,000. CWM LLC boosted its position in iShares U.S. Telecommunications ETF by 28.2% during the fourth quarter. CWM LLC now owns 2,658 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 584 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in iShares U.S. Telecommunications ETF by 52.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,800 shares of the exchange traded fund’s stock worth $163,000 after purchasing an additional 1,650 shares during the period.
iShares U.S. Telecommunications ETF Price Performance
BATS:IYZ opened at $42.96 on Tuesday. The company has a market cap of $792.61 million, a P/E ratio of 14.09 and a beta of 0.90. The firm’s fifty day moving average price is $40.92 and its two-hundred day moving average price is $36.87. iShares U.S. Telecommunications ETF has a one year low of $27.74 and a one year high of $43.71.
iShares U.S. Telecommunications ETF Profile
iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified 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. Select Telecommunications Index (the Index). The Index measures the performance of the telecommunications sector of the United States equity market, and includes companies in the industry groups, such as fixed-line telecommunications and mobile telecommunications.
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