Rockefeller Capital Management L.P. Cuts Stock Position in iShares U.S. Telecommunications ETF $IYZ

Rockefeller Capital Management L.P. reduced its position in iShares U.S. Telecommunications ETF (BATS:IYZ) by 14.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,213 shares of the exchange traded fund’s stock after selling 4,123 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Telecommunications ETF were worth $721,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IYZ. Cetera Investment Advisers raised its position in shares of iShares U.S. Telecommunications ETF by 444.8% in the 2nd quarter. Cetera Investment Advisers now owns 129,576 shares of the exchange traded fund’s stock valued at $3,859,000 after purchasing an additional 105,794 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in iShares U.S. Telecommunications ETF in the 2nd quarter valued at about $856,000. Fountainhead AM LLC acquired a new position in iShares U.S. Telecommunications ETF in the 2nd quarter valued at $361,000. Midwest Trust Co acquired a new stake in shares of iShares U.S. Telecommunications ETF in the second quarter valued at about $356,000. Finally, AE Wealth Management LLC increased its holdings in shares of iShares U.S. Telecommunications ETF by 30.1% in the second quarter. AE Wealth Management LLC now owns 168,618 shares of the exchange traded fund’s stock valued at $5,021,000 after purchasing an additional 38,998 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Performance

IYZ opened at $32.45 on Thursday. iShares U.S. Telecommunications ETF has a one year low of $21.55 and a one year high of $30.50. The business’s 50 day moving average price is $32.38 and its 200 day moving average price is $30.66. The stock has a market capitalization of $598.74 million, a PE ratio of 14.09 and a beta of 0.90.

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).