Brown Brothers Harriman & Co. Takes Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

Brown Brothers Harriman & Co. purchased a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,058 shares of the exchange traded fund’s stock, valued at approximately $27,000.

Several other large investors also recently bought and sold shares of IYZ. Raymond James & Associates grew its position in shares of iShares U.S. Telecommunications ETF by 6.8% in the second quarter. Raymond James & Associates now owns 69,720 shares of the exchange traded fund’s stock valued at $1,514,000 after purchasing an additional 4,448 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in iShares U.S. Telecommunications ETF by 15.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 15,995 shares of the exchange traded fund’s stock valued at $347,000 after buying an additional 2,140 shares in the last quarter. Bank of Montreal Can grew its holdings in iShares U.S. Telecommunications ETF by 0.5% in the 2nd quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock valued at $2,918,000 after buying an additional 626 shares in the last quarter. Williams & Novak LLC increased its stake in shares of iShares U.S. Telecommunications ETF by 12.2% in the 3rd quarter. Williams & Novak LLC now owns 17,940 shares of the exchange traded fund’s stock worth $453,000 after acquiring an additional 1,945 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in shares of iShares U.S. Telecommunications ETF during the 2nd quarter worth $5,430,000.

iShares U.S. Telecommunications ETF Trading Down 0.2 %

Shares of IYZ opened at $27.66 on Friday. 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 capitalization of $277.98 million, a P/E ratio of 13.32 and a beta of 0.86. The firm has a 50-day moving average price of $26.10 and a 200 day moving average price of $23.58.

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).