iShares US Telecommunications ETF (BATS:IYZ) Share Price Pass Above 200 Day Moving Average of $29.34

Shares of iShares US Telecommunications ETF (BATS:IYZ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.34 and traded as high as $29.49. iShares US Telecommunications ETF shares last traded at $29.35, with a volume of 74,742 shares trading hands.

The firm has a 50 day simple moving average of $29.59 and a two-hundred day simple moving average of $29.34.

Institutional investors and hedge funds have recently made changes to their positions in the business. Rehmann Capital Advisory Group acquired a new stake in shares of iShares US Telecommunications ETF in the 2nd quarter worth $29,000. Executive Wealth Management LLC raised its holdings in iShares US Telecommunications ETF by 150.4% during the second quarter. Executive Wealth Management LLC now owns 1,397 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 839 shares in the last quarter. Usca Ria LLC purchased a new position in iShares US Telecommunications ETF during the third quarter worth about $45,000. Endurance Wealth Management Inc. raised its holdings in iShares US Telecommunications ETF by 25.8% during the third quarter. Endurance Wealth Management Inc. now owns 2,315 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 475 shares in the last quarter. Finally, FMR LLC lifted its position in iShares US Telecommunications ETF by 817.1% in the first quarter. FMR LLC now owns 3,008 shares of the exchange traded fund’s stock valued at $90,000 after purchasing an additional 2,680 shares during the period.

About iShares US Telecommunications ETF (BATS:IYZ)

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).

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