APS Management Group Inc. Makes New $715,000 Investment in iShares U.S. Telecommunications ETF $IYZ

APS Management Group Inc. acquired a new position in iShares U.S. Telecommunications ETF (BATS:IYZ) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 22,155 shares of the exchange traded fund’s stock, valued at approximately $715,000. APS Management Group Inc. owned about 0.12% of iShares U.S. Telecommunications ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in iShares U.S. Telecommunications ETF by 4.7% during the 1st quarter. Royal Bank of Canada now owns 165,327 shares of the exchange traded fund’s stock valued at $4,527,000 after buying an additional 7,358 shares during the period. Jones Financial Companies Lllp boosted its position in shares of iShares U.S. Telecommunications ETF by 461.8% during the first quarter. Jones Financial Companies Lllp now owns 56,072 shares of the exchange traded fund’s stock valued at $1,536,000 after buying an additional 46,091 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of iShares U.S. Telecommunications ETF by 393.2% during the first quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock valued at $7,346,000 after buying an additional 213,827 shares during the period. Jane Street Group LLC lifted its holdings in iShares U.S. Telecommunications ETF by 126.6% during the 1st quarter. Jane Street Group LLC now owns 23,312 shares of the exchange traded fund’s stock valued at $639,000 after buying an additional 13,023 shares in the last quarter. Finally, Lifestyle Asset Management Inc. purchased a new stake in iShares U.S. Telecommunications ETF in the 2nd quarter valued at about $999,000.

iShares U.S. Telecommunications ETF Trading Up 28.1%

Shares of IYZ stock opened at $34.28 on Wednesday. iShares U.S. Telecommunications ETF has a twelve month low of $21.55 and a twelve month high of $30.50. The stock has a fifty day simple moving average of $32.94 and a two-hundred day simple moving average of $31.73. The stock has a market capitalization of $632.37 million, a price-to-earnings ratio of 14.09 and a beta of 0.90.

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). The Index measures the performance of the telecommunications sector of the United States equity market, and includes companies in the industry groups, such as fixed-line telecommunications and mobile telecommunications.