B. Riley Wealth Advisors Inc. Boosts Stock Holdings in iShares U.S. Telecommunications ETF (BATS:IYZ)

B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 21.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,035 shares of the exchange traded fund’s stock after acquiring an additional 2,286 shares during the period. B. Riley Wealth Advisors Inc. owned 0.08% of iShares U.S. Telecommunications ETF worth $297,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IYZ. Axxcess Wealth Management LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 14.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 13,323 shares of the exchange traded fund’s stock worth $303,000 after buying an additional 1,705 shares in the last quarter. Great Lakes Advisors LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 2.1% in the 4th quarter. Great Lakes Advisors LLC now owns 93,650 shares of the exchange traded fund’s stock worth $2,131,000 after buying an additional 1,952 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 6.2% in the 4th quarter. Fisher Asset Management LLC now owns 37,498 shares of the exchange traded fund’s stock worth $853,000 after buying an additional 2,181 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 36.4% in the 4th quarter. DAVENPORT & Co LLC now owns 23,599 shares of the exchange traded fund’s stock worth $537,000 after buying an additional 6,296 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC purchased a new position in shares of iShares U.S. Telecommunications ETF in the 4th quarter worth $209,000.

iShares U.S. Telecommunications ETF Stock Up 0.3 %

Shares of BATS:IYZ opened at $21.37 on Thursday. iShares U.S. Telecommunications ETF has a 52 week low of $26.56 and a 52 week high of $34.77. The stock has a market capitalization of $214.77 million, a P/E ratio of 13.32 and a beta of 0.86. The firm has a fifty day simple moving average of $21.18 and a two-hundred day simple moving average of $21.88.

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).