Headlands Technologies LLC Purchases Shares of 30,157 iShares U.S. Telecommunications ETF $IYZ

Headlands Technologies LLC bought a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) during the second quarter, HoldingsChannel.com reports. The fund bought 30,157 shares of the exchange traded fund’s stock, valued at approximately $1,276,000.

Several other hedge funds have also bought and sold shares of the company. Compass Financial Management LLC bought a new stake in shares of iShares U.S. Telecommunications ETF during the 2nd quarter worth about $1,213,000. Trust Co. of Vermont acquired a new stake in iShares U.S. Telecommunications ETF during the second quarter worth approximately $475,000. Financial Management Professionals Inc. lifted its position in iShares U.S. Telecommunications ETF by 1.2% during the second quarter. Financial Management Professionals Inc. now owns 58,105 shares of the exchange traded fund’s stock worth $2,458,000 after acquiring an additional 681 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in shares of iShares U.S. Telecommunications ETF by 161.0% during the second quarter. Avior Wealth Management LLC now owns 48,192 shares of the exchange traded fund’s stock worth $2,039,000 after acquiring an additional 29,726 shares during the period. Finally, CoreCap Advisors LLC grew its position in shares of iShares U.S. Telecommunications ETF by 179.1% in the second quarter. CoreCap Advisors LLC now owns 145,979 shares of the exchange traded fund’s stock valued at $6,176,000 after purchasing an additional 93,680 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Up 0.2%

Shares of BATS:IYZ opened at $43.12 on Tuesday. iShares U.S. Telecommunications ETF has a 12-month low of $31.06 and a 12-month high of $46.07. The firm has a market cap of $795.56 million, a PE ratio of 14.09 and a beta of 0.90. The company’s 50 day moving average price is $41.99 and its two-hundred day moving average price is $41.53.

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). 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.