PNC Financial Services Group Inc. Has $467,000 Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

PNC Financial Services Group Inc. reduced its holdings in iShares U.S. Telecommunications ETF (BATS:IYZ) by 10.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,499 shares of the exchange traded fund’s stock after selling 2,388 shares during the period. PNC Financial Services Group Inc. owned approximately 0.12% of iShares U.S. Telecommunications ETF worth $467,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Dakota Wealth Management lifted its holdings in iShares U.S. Telecommunications ETF by 21.8% in the fourth quarter. Dakota Wealth Management now owns 489,571 shares of the exchange traded fund’s stock valued at $11,143,000 after buying an additional 87,786 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in iShares U.S. Telecommunications ETF by 7.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 342,276 shares of the exchange traded fund’s stock worth $7,790,000 after purchasing an additional 24,096 shares during the period. BNP Paribas Financial Markets raised its holdings in iShares U.S. Telecommunications ETF by 50.3% in the fourth quarter. BNP Paribas Financial Markets now owns 216,935 shares of the exchange traded fund’s stock worth $4,937,000 after purchasing an additional 72,641 shares during the period. UBS Group AG raised its holdings in iShares U.S. Telecommunications ETF by 52.5% in the third quarter. UBS Group AG now owns 176,693 shares of the exchange traded fund’s stock worth $3,764,000 after purchasing an additional 60,828 shares during the period. Finally, Advisory Services Network LLC raised its holdings in iShares U.S. Telecommunications ETF by 73.9% in the fourth quarter. Advisory Services Network LLC now owns 127,394 shares of the exchange traded fund’s stock worth $2,899,000 after purchasing an additional 54,130 shares during the period.

iShares U.S. Telecommunications ETF Stock Performance

IYZ opened at $21.50 on Friday. The firm’s fifty day moving average is $21.20 and its two-hundred day moving average is $21.88. The firm has a market cap of $216.02 million, a PE ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a twelve month low of $26.56 and a twelve month high of $34.77.

iShares U.S. Telecommunications ETF Company 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).