15,948 Shares in iShares U.S. Telecommunications ETF (BATS:IYZ) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,948 shares of the exchange traded fund’s stock, valued at approximately $363,000. International Assets Investment Management LLC owned 0.10% of iShares U.S. Telecommunications ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. First Heartland Consultants Inc. acquired a new position in iShares U.S. Telecommunications ETF in the third quarter valued at about $1,719,000. Tower Research Capital LLC TRC raised its position in shares of iShares U.S. Telecommunications ETF by 285.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 86,441 shares of the exchange traded fund’s stock valued at $1,841,000 after acquiring an additional 63,988 shares during the period. UBS Group AG boosted its stake in iShares U.S. Telecommunications ETF by 52.5% during the 3rd quarter. UBS Group AG now owns 176,693 shares of the exchange traded fund’s stock worth $3,764,000 after acquiring an additional 60,828 shares during the last quarter. Raymond James & Associates grew its holdings in iShares U.S. Telecommunications ETF by 91.9% during the fourth quarter. Raymond James & Associates now owns 126,932 shares of the exchange traded fund’s stock valued at $2,889,000 after purchasing an additional 60,790 shares during the period. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in iShares U.S. Telecommunications ETF in the fourth quarter worth $1,161,000.

iShares U.S. Telecommunications ETF Stock Up 0.3 %

Shares of IYZ stock opened at $20.69 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 fifty day moving average of $21.56 and a 200-day moving average of $21.86. The firm has a market capitalization of $225.52 million, a price-to-earnings ratio of 12.97 and a beta of 0.93.

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).