FSA Wealth Management LLC acquired a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,455 shares of the exchange traded fund’s stock, valued at approximately $37,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Citigroup Inc. raised its position in shares of iShares U.S. Telecommunications ETF by 1,907.8% during the third quarter. Citigroup Inc. now owns 1,170,676 shares of the exchange traded fund’s stock worth $29,571,000 after acquiring an additional 1,112,371 shares during the last quarter. Millennium Management LLC acquired a new position in iShares U.S. Telecommunications ETF in the second quarter valued at $5,430,000. Penserra Capital Management LLC acquired a new position in iShares U.S. Telecommunications ETF in the third quarter valued at $4,513,000. Retireful LLC bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at $1,835,000. Finally, First Heartland Consultants Inc. acquired a new stake in iShares U.S. Telecommunications ETF during the 2nd quarter worth about $1,258,000.
iShares U.S. Telecommunications ETF Trading Up 0.3 %
IYZ stock opened at $27.74 on Monday. The firm has a market cap of $278.79 million, a PE ratio of 13.32 and a beta of 0.86. The stock has a 50-day moving average price of $26.22 and a 200-day moving average price of $23.67. iShares U.S. Telecommunications ETF has a 1-year low of $26.56 and a 1-year high of $34.77.
iShares U.S. Telecommunications ETF Company 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).
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