Truist Financial Corp Sells 13,402 Shares of iShares U.S. Telecommunications ETF (BATS:IYZ)

Truist Financial Corp lowered its stake in iShares U.S. Telecommunications ETF (BATS:IYZGet Rating) by 26.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,891 shares of the exchange traded fund’s stock after selling 13,402 shares during the period. Truist Financial Corp’s holdings in iShares U.S. Telecommunications ETF were worth $791,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CoreCap Advisors LLC bought a new position in iShares U.S. Telecommunications ETF in the second quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares U.S. Telecommunications ETF by 31.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 476 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares U.S. Telecommunications ETF by 287.5% during the second quarter. Captrust Financial Advisors now owns 3,158 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 2,343 shares during the last quarter. US Bancorp DE grew its holdings in shares of iShares U.S. Telecommunications ETF by 70.3% during the first quarter. US Bancorp DE now owns 4,231 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 1,747 shares during the last quarter. Finally, B. Riley Wealth Management Inc. bought a new stake in shares of iShares U.S. Telecommunications ETF during the second quarter worth about $206,000.

iShares U.S. Telecommunications ETF Stock Performance

BATS:IYZ opened at $23.72 on Friday. The stock’s 50-day moving average is $23.00 and its 200-day moving average is $23.60. iShares U.S. Telecommunications ETF has a 1-year low of $26.56 and a 1-year high of $34.77.

About iShares U.S. Telecommunications ETF

(Get Rating)

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).

See Also

Institutional Ownership by Quarter for iShares U.S. Telecommunications ETF (BATS:IYZ)

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