PNC Financial Services Group Inc. decreased its holdings in iShares U.S. Telecommunications ETF (BATS:IYZ – Get Rating) by 11.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,505 shares of the exchange traded fund’s stock after selling 4,801 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Telecommunications ETF were worth $864,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of IYZ. Captrust Financial Advisors raised its holdings in iShares U.S. Telecommunications ETF by 287.5% in the second quarter. Captrust Financial Advisors now owns 3,158 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 2,343 shares in the last quarter. US Bancorp DE grew its stake in shares of iShares U.S. Telecommunications ETF by 70.3% during the first quarter. US Bancorp DE now owns 4,231 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 1,747 shares in the last quarter. ExodusPoint Capital Management LP increased its holdings in iShares U.S. Telecommunications ETF by 1,401.4% in the third quarter. ExodusPoint Capital Management LP now owns 6,306 shares of the exchange traded fund’s stock valued at $132,000 after buying an additional 5,886 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in iShares U.S. Telecommunications ETF in the fourth quarter valued at $202,000. Finally, Hyman Charles D acquired a new position in shares of iShares U.S. Telecommunications ETF during the 4th quarter worth about $204,000.
iShares U.S. Telecommunications ETF Stock Performance
Shares of BATS IYZ opened at $21.42 on Thursday. The stock’s 50-day simple moving average is $22.03 and its 200-day simple moving average is $22.78. The firm has a market capitalization of $277.39 million, a PE ratio of 8.61 and a beta of 0.88. iShares U.S. Telecommunications ETF has a fifty-two week low of $26.56 and a fifty-two week high of $34.77.
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).
Featured Stories
- Get a free copy of the StockNews.com research report on iShares U.S. Telecommunications ETF (IYZ)
- A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
- Don’t Worry; Sportsman’s Warehouse Will Get Cheaper
- Trinseo’s Dip, Has Something Changed Or Is It Just A Down Cycle
- The Most Upgraded Stocks From The Q1 Earnings Season
- What U-Haul Earnings Are Showing, Heading Up?
Want to see what other hedge funds are holding IYZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Telecommunications ETF (BATS:IYZ – Get Rating).
Receive News & Ratings for iShares U.S. Telecommunications ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Telecommunications ETF and related companies with MarketBeat.com's FREE daily email newsletter.
