Capital Analysts LLC Makes New $86,000 Investment in iShares U.S. Telecommunications ETF (BATS:IYZ)

Capital Analysts LLC purchased a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 3,215 shares of the exchange traded fund’s stock, valued at approximately $86,000.

A number of other large investors have also recently bought and sold shares of the business. Barclays PLC grew its holdings in iShares U.S. Telecommunications ETF by 50.1% during the 4th quarter. Barclays PLC now owns 750,650 shares of the exchange traded fund’s stock worth $20,140,000 after acquiring an additional 250,650 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares U.S. Telecommunications ETF during the 4th quarter worth about $16,984,000. Independent Advisor Alliance acquired a new stake in iShares U.S. Telecommunications ETF during the 4th quarter worth about $14,509,000. Apollon Wealth Management LLC acquired a new stake in iShares U.S. Telecommunications ETF during the 4th quarter worth about $12,947,000. Finally, LPL Financial LLC boosted its position in shares of iShares U.S. Telecommunications ETF by 675.8% during the 4th quarter. LPL Financial LLC now owns 441,129 shares of the exchange traded fund’s stock worth $11,836,000 after purchasing an additional 384,267 shares in the last quarter.

iShares U.S. Telecommunications ETF Price Performance

IYZ stock opened at $26.46 on Tuesday. The stock has a market capitalization of $349.21 million, a PE ratio of 13.81 and a beta of 0.88. The company’s 50-day moving average is $26.86 and its 200-day moving average is $27.04. iShares U.S. Telecommunications ETF has a 1 year low of $20.52 and a 1 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).