Three Seasons Wealth LLC Takes Position in iShares U.S. Telecommunications ETF $IYZ

Three Seasons Wealth LLC purchased a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 270,687 shares of the exchange traded fund’s stock, valued at approximately $8,732,000. iShares U.S. Telecommunications ETF comprises 0.9% of Three Seasons Wealth LLC’s portfolio, making the stock its 8th biggest position.

Other large investors also recently bought and sold shares of the company. Pinkerton Wealth LLC purchased a new position in iShares U.S. Telecommunications ETF in the 2nd quarter worth approximately $34,366,000. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Telecommunications ETF by 77.9% in the second quarter. BNP Paribas Financial Markets now owns 567,609 shares of the exchange traded fund’s stock valued at $16,903,000 after purchasing an additional 248,495 shares during the last quarter. Camarda Financial Advisors LLC purchased a new position in iShares U.S. Telecommunications ETF during the second quarter worth approximately $13,789,000. Raymond James Financial Inc. boosted its stake in iShares U.S. Telecommunications ETF by 15.4% during the second quarter. Raymond James Financial Inc. now owns 428,782 shares of the exchange traded fund’s stock worth $12,769,000 after buying an additional 57,284 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in iShares U.S. Telecommunications ETF by 393.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock valued at $7,346,000 after buying an additional 213,827 shares in the last quarter.

iShares U.S. Telecommunications ETF Stock Up 27.1%

Shares of IYZ opened at $34.01 on Monday. iShares U.S. Telecommunications ETF has a 52-week low of $21.55 and a 52-week high of $30.50. The stock has a fifty day simple moving average of $32.74 and a two-hundred day simple moving average of $31.44. The company has a market capitalization of $627.39 million, a PE ratio of 14.09 and a beta of 0.90.

About iShares U.S. Telecommunications ETF

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.