Schwarz Dygos Wheeler Investment Advisors LLC bought a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 23,157 shares of the exchange traded fund’s stock, valued at approximately $621,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Citigroup Inc. grew its holdings in shares of iShares U.S. Telecommunications ETF by 1,907.8% in the third quarter. Citigroup Inc. now owns 1,170,676 shares of the exchange traded fund’s stock valued at $29,571,000 after purchasing an additional 1,112,371 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares U.S. Telecommunications ETF in the 4th quarter valued at approximately $16,984,000. Apollon Wealth Management LLC acquired a new position in shares of iShares U.S. Telecommunications ETF in the fourth quarter worth $12,947,000. Norden Group LLC purchased a new stake in shares of iShares U.S. Telecommunications ETF during the fourth quarter worth $9,555,000. Finally, Moloney Securities Asset Management LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at $8,269,000.
iShares U.S. Telecommunications ETF Trading Up 5.4 %
BATS:IYZ opened at $28.19 on Monday. iShares U.S. Telecommunications ETF has a 12-month low of $26.56 and a 12-month high of $34.77. The firm has a market cap of $590.48 million, a PE ratio of 15.05 and a beta of 0.89. The stock has a fifty day moving average price of $27.67 and a 200 day moving average price of $26.53.
About iShares U.S. Telecommunications ETF
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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