Retirement Planning Group LLC bought a new stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 24,458 shares of the exchange traded fund’s stock, valued at approximately $1,007,000. Retirement Planning Group LLC owned approximately 0.13% of iShares U.S. Telecommunications ETF as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA bought a new stake in iShares U.S. Telecommunications ETF in the 2nd quarter valued at $28,000. TD Waterhouse Canada Inc. bought a new position in shares of iShares U.S. Telecommunications ETF during the 2nd quarter valued at about $28,000. Financial Management Professionals Inc. boosted its holdings in shares of iShares U.S. Telecommunications ETF by 1.2% during the 2nd quarter. Financial Management Professionals Inc. now owns 58,105 shares of the exchange traded fund’s stock valued at $2,458,000 after purchasing an additional 681 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of iShares U.S. Telecommunications ETF during the 1st quarter valued at about $34,000. Finally, MWA Asset Management purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter valued at about $81,000.
iShares U.S. Telecommunications ETF Stock Up 0.3%
Shares of iShares U.S. Telecommunications ETF stock opened at $39.29 on Wednesday. The firm has a market cap of $724.90 million, a price-to-earnings ratio of 14.09 and a beta of 0.90. The business has a 50-day moving average price of $42.33 and a 200-day moving average price of $42.20. iShares U.S. Telecommunications ETF has a twelve month low of $31.06 and a twelve month high of $46.07.
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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