AlphaCore Capital LLC Purchases 5,917 Shares of iShares U.S. Telecommunications ETF $IYZ

AlphaCore Capital LLC boosted its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 14,792.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,957 shares of the exchange traded fund’s stock after purchasing an additional 5,917 shares during the quarter. AlphaCore Capital LLC’s holdings in iShares U.S. Telecommunications ETF were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP bought a new position in shares of iShares U.S. Telecommunications ETF in the 1st quarter valued at about $3,347,000. MGB Wealth Management LLC acquired a new position in iShares U.S. Telecommunications ETF in the first quarter valued at approximately $271,000. FSA Wealth Partners Inc. bought a new position in iShares U.S. Telecommunications ETF in the first quarter valued at approximately $811,000. Strengthening Families & Communities LLC boosted its stake in iShares U.S. Telecommunications ETF by 1,520.5% in the first quarter. Strengthening Families & Communities LLC now owns 7,276 shares of the exchange traded fund’s stock valued at $199,000 after acquiring an additional 6,827 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in iShares U.S. Telecommunications ETF by 15.1% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 22,607 shares of the exchange traded fund’s stock worth $621,000 after acquiring an additional 2,961 shares during the period.

iShares U.S. Telecommunications ETF Stock Performance

IYZ opened at $32.27 on Wednesday. The company has a fifty day moving average price of $32.37 and a two-hundred day moving average price of $30.65. The firm has a market capitalization of $595.29 million, a PE ratio of 14.09 and a beta of 0.90. iShares U.S. Telecommunications ETF has a 52 week low of $21.55 and a 52 week high of $30.50.

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).