iShares U.S. Telecommunications ETF (BATS:IYZ) Shares Purchased by Raymond James & Associates

Raymond James & Associates boosted its holdings in iShares U.S. Telecommunications ETF (BATS:IYZ – Get Rating) by 348.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 423,392 shares of the exchange traded fund’s stock after acquiring an additional 328,964 shares during the period. Raymond James & Associates’ holdings in iShares U.S. Telecommunications ETF were worth $9,497,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. One Charles Private Wealth Services LLC boosted its stake in shares of iShares U.S. Telecommunications ETF by 4.6% during the 4th quarter. One Charles Private Wealth Services LLC now owns 12,796 shares of the exchange traded fund’s stock worth $287,000 after purchasing an additional 557 shares during the last quarter. Lumature Wealth Partners LLC boosted its stake in shares of iShares U.S. Telecommunications ETF by 2.3% during the 3rd quarter. Lumature Wealth Partners LLC now owns 29,041 shares of the exchange traded fund’s stock worth $606,000 after purchasing an additional 666 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of iShares U.S. Telecommunications ETF by 4.4% during the 4th quarter. DAVENPORT & Co LLC now owns 18,429 shares of the exchange traded fund’s stock worth $413,000 after purchasing an additional 770 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of iShares U.S. Telecommunications ETF by 15.1% in the first quarter. Cetera Investment Advisers now owns 11,460 shares of the exchange traded fund’s stock worth $343,000 after acquiring an additional 1,507 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of iShares U.S. Telecommunications ETF by 70.3% in the first quarter. US Bancorp DE now owns 4,231 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 1,747 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Performance

IYZ opened at $21.67 on Friday. The company’s 50 day simple moving average is $22.20 and its 200 day simple moving average is $22.84. iShares U.S. Telecommunications ETF has a 1 year low of $26.56 and a 1 year high of $34.77. The stock has a market capitalization of $280.63 million, a PE ratio of 8.61 and a beta of 0.88.

iShares U.S. Telecommunications ETF Company Profile

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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).