Tower Research Capital LLC TRC Sells 17,351 Shares of iShares U.S. Telecommunications ETF (BATS:IYZ)

Tower Research Capital LLC TRC reduced its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 87.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,507 shares of the exchange traded fund’s stock after selling 17,351 shares during the period. Tower Research Capital LLC TRC’s holdings in iShares U.S. Telecommunications ETF were worth $67,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IYZ. Global Retirement Partners LLC raised its position in iShares U.S. Telecommunications ETF by 301.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 900 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of iShares U.S. Telecommunications ETF by 4.7% during the fourth quarter. Corient Private Wealth LLC now owns 37,076 shares of the exchange traded fund’s stock worth $995,000 after buying an additional 1,652 shares during the period. Sanctuary Advisors LLC lifted its holdings in iShares U.S. Telecommunications ETF by 4.1% in the fourth quarter. Sanctuary Advisors LLC now owns 57,490 shares of the exchange traded fund’s stock valued at $1,574,000 after buying an additional 2,276 shares during the period. Concurrent Investment Advisors LLC boosted its position in iShares U.S. Telecommunications ETF by 5.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 51,117 shares of the exchange traded fund’s stock valued at $1,371,000 after acquiring an additional 2,613 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in iShares U.S. Telecommunications ETF by 50.0% during the 4th quarter. Jones Financial Companies Lllp now owns 9,981 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 3,326 shares during the period.

iShares U.S. Telecommunications ETF Price Performance

BATS IYZ opened at $27.49 on Monday. The stock has a market capitalization of $371.05 million, a P/E ratio of 13.95 and a beta of 0.89. The business has a 50 day simple moving average of $26.67 and a 200 day simple moving average of $27.12. iShares U.S. Telecommunications ETF has a one year low of $20.72 and a one year high of $28.80.

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).