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

Headlands Technologies LLC acquired a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,157 shares of the exchange traded fund’s stock, valued at approximately $1,276,000. Headlands Technologies LLC owned about 0.16% of iShares U.S. Telecommunications ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IYZ. Kesler Norman & Wride LLC acquired a new position in iShares U.S. Telecommunications ETF in the 4th quarter valued at approximately $1,198,000. WealthCare Asset Management LLC bought a new stake in shares of iShares U.S. Telecommunications ETF in the 4th quarter worth about $7,871,000. Lifestyle Asset Management Inc. increased its holdings in shares of iShares U.S. Telecommunications ETF by 37.2% during the fourth quarter. Lifestyle Asset Management Inc. now owns 103,417 shares of the exchange traded fund’s stock worth $3,506,000 after buying an additional 28,053 shares in the last quarter. Advisortrust Partners LLC acquired a new stake in iShares U.S. Telecommunications ETF during the 1st quarter valued at $12,322,000. Finally, Bank of America Corp DE boosted its stake in iShares U.S. Telecommunications ETF by 25.5% in the first quarter. Bank of America Corp DE now owns 1,786,452 shares of the exchange traded fund’s stock worth $70,243,000 after purchasing an additional 363,423 shares in the last quarter.

iShares U.S. Telecommunications ETF Trading Up 0.2%

IYZ opened at $43.12 on Tuesday. iShares U.S. Telecommunications ETF has a 1-year low of $31.06 and a 1-year high of $46.07. The firm has a 50-day moving average price of $41.99 and a two-hundred day moving average price of $41.53. The stock has a market capitalization of $795.56 million, a PE ratio of 14.09 and a beta of 0.90.

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.