Rockefeller Capital Management L.P. Purchases 6,523 Shares of iShares U.S. Telecommunications ETF (BATS:IYZ)

Rockefeller Capital Management L.P. increased its position in iShares U.S. Telecommunications ETF (BATS:IYZ) by 36.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,551 shares of the exchange traded fund’s stock after purchasing an additional 6,523 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Telecommunications ETF were worth $659,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IYZ. Global Retirement Partners LLC increased its position in iShares U.S. Telecommunications ETF by 301.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 900 shares during the last quarter. CX Institutional acquired a new stake in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at approximately $215,000. Mezzasalma Advisors LLC bought a new position in shares of iShares U.S. Telecommunications ETF during the 4th quarter worth approximately $226,000. City Center Advisors LLC acquired a new position in shares of iShares U.S. Telecommunications ETF during the 4th quarter worth approximately $228,000. Finally, Freestone Capital Holdings LLC acquired a new position in shares of iShares U.S. Telecommunications ETF during the 4th quarter worth approximately $234,000.

iShares U.S. Telecommunications ETF Price Performance

Shares of iShares U.S. Telecommunications ETF stock opened at $25.43 on Wednesday. The business has a fifty day simple moving average of $27.05 and a two-hundred day simple moving average of $27.02. iShares U.S. Telecommunications ETF has a 1 year low of $20.31 and a 1 year high of $28.80. The company has a market capitalization of $335.61 million, a price-to-earnings ratio of 13.81 and a beta of 0.88.

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).