iShares U.S. Telecommunications ETF $IYZ Stock Position Lifted by Pinkerton Wealth LLC

Pinkerton Wealth LLC lifted its stake in iShares U.S. Telecommunications ETF (BATS:IYZ) by 4.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,253,654 shares of the exchange traded fund’s stock after buying an additional 54,456 shares during the period. iShares U.S. Telecommunications ETF makes up approximately 4.3% of Pinkerton Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Pinkerton Wealth LLC owned approximately 0.07% of iShares U.S. Telecommunications ETF worth $42,499,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Royal Bank of Canada grew its stake in shares of iShares U.S. Telecommunications ETF by 4.7% in the first quarter. Royal Bank of Canada now owns 165,327 shares of the exchange traded fund’s stock worth $4,527,000 after purchasing an additional 7,358 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares U.S. Telecommunications ETF by 393.2% in the first quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock worth $7,346,000 after purchasing an additional 213,827 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 126.6% in the first quarter. Jane Street Group LLC now owns 23,312 shares of the exchange traded fund’s stock worth $639,000 after purchasing an additional 13,023 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in shares of iShares U.S. Telecommunications ETF by 14.4% in the second quarter. Qube Research & Technologies Ltd now owns 184,398 shares of the exchange traded fund’s stock worth $5,491,000 after purchasing an additional 23,215 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of iShares U.S. Telecommunications ETF by 15.4% in the second quarter. Raymond James Financial Inc. now owns 428,782 shares of the exchange traded fund’s stock worth $12,769,000 after purchasing an additional 57,284 shares during the last quarter.

iShares U.S. Telecommunications ETF Price Performance

BATS IYZ opened at $42.92 on Thursday. The stock has a market capitalization of $791.87 million, a PE ratio of 14.09 and a beta of 0.90. iShares U.S. Telecommunications ETF has a 1 year low of $27.74 and a 1 year high of $43.71. The business’s 50-day moving average is $41.08 and its 200 day moving average is $37.01.

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). The Index measures the performance of the telecommunications sector of the United States equity market, and includes companies in the industry groups, such as fixed-line telecommunications and mobile telecommunications.