iShares U.S. Telecommunications ETF $IYZ Shares Bought by Pinkerton Wealth LLC

Pinkerton Wealth LLC lifted its stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,199,198 shares of the exchange traded fund’s stock after acquiring an additional 45,196 shares during the period. iShares U.S. Telecommunications ETF makes up about 4.2% of Pinkerton Wealth LLC’s investment portfolio, making the stock its 5th largest holding. Pinkerton Wealth LLC owned about 6.50% of iShares U.S. Telecommunications ETF worth $38,686,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYZ. Citigroup Inc. boosted its stake in iShares U.S. Telecommunications ETF by 140.2% in the 3rd quarter. Citigroup Inc. now owns 2,085,584 shares of the exchange traded fund’s stock worth $67,281,000 after purchasing an additional 1,217,487 shares during the period. Camarda Financial Advisors LLC bought a new position in iShares U.S. Telecommunications ETF during the 2nd quarter worth about $13,789,000. Moloney Securities Asset Management LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF in the 3rd quarter valued at about $9,288,000. Three Seasons Wealth LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF in the 3rd quarter valued at about $8,732,000. Finally, Strengthening Families & Communities LLC lifted its holdings in shares of iShares U.S. Telecommunications ETF by 20,780.2% in the third quarter. Strengthening Families & Communities LLC now owns 260,585 shares of the exchange traded fund’s stock valued at $8,356,000 after purchasing an additional 259,337 shares in the last quarter.

iShares U.S. Telecommunications ETF Price Performance

IYZ stock opened at $38.88 on Tuesday. The stock has a market capitalization of $717.34 million, a P/E ratio of 14.09 and a beta of 0.90. The business has a 50-day moving average of $36.49 and a 200-day moving average of $33.88. iShares U.S. Telecommunications ETF has a fifty-two week low of $23.95 and a fifty-two week high of $40.59.

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.