Commonwealth Equity Services LLC Increases Stock Holdings in iShares U.S. Telecommunications ETF (BATS:IYZ)

Commonwealth Equity Services LLC boosted its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 116.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,135 shares of the exchange traded fund’s stock after acquiring an additional 36,587 shares during the period. Commonwealth Equity Services LLC owned about 0.68% of iShares U.S. Telecommunications ETF worth $1,828,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new position in iShares U.S. Telecommunications ETF during the third quarter worth $27,000. Global Retirement Partners LLC lifted its holdings in iShares U.S. Telecommunications ETF by 301.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 900 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF during the 3rd quarter worth about $37,000. CX Institutional purchased a new stake in shares of iShares U.S. Telecommunications ETF during the fourth quarter worth about $215,000. Finally, Mezzasalma Advisors LLC acquired a new position in shares of iShares U.S. Telecommunications ETF in the fourth quarter valued at approximately $226,000.

iShares U.S. Telecommunications ETF Stock Performance

Shares of IYZ opened at $27.33 on Friday. iShares U.S. Telecommunications ETF has a fifty-two week low of $20.31 and a fifty-two week high of $28.80. The stock has a fifty day moving average of $27.78 and a two-hundred day moving average of $26.88. The company has a market capitalization of $431.74 million, a PE ratio of 14.77 and a beta of 0.89.

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).