41,968 Shares in iShares U.S. Telecommunications ETF $IYZ Purchased by Lee Johnson Capital Management LLC

Lee Johnson Capital Management LLC acquired a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 41,968 shares of the exchange traded fund’s stock, valued at approximately $1,650,000. Lee Johnson Capital Management LLC owned about 0.23% of iShares U.S. Telecommunications ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. WFA of San Diego LLC purchased a new position in iShares U.S. Telecommunications ETF during the second quarter worth approximately $25,000. Assetmark Inc. grew its stake in shares of iShares U.S. Telecommunications ETF by 751.9% during the 3rd quarter. Assetmark Inc. now owns 886 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 782 shares during the period. Concord Wealth Partners purchased a new stake in shares of iShares U.S. Telecommunications ETF during the 4th quarter valued at $34,000. Allworth Financial LP increased its holdings in shares of iShares U.S. Telecommunications ETF by 4,732.3% during the 4th quarter. Allworth Financial LP now owns 1,498 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 1,467 shares during the last quarter. Finally, Miller Global Investments LLC acquired a new stake in shares of iShares U.S. Telecommunications ETF during the 4th quarter worth $60,000.

iShares U.S. Telecommunications ETF Price Performance

Shares of BATS:IYZ opened at $41.60 on Monday. The firm has a market capitalization of $767.52 million, a PE ratio of 14.09 and a beta of 0.90. The business has a 50-day moving average of $42.76 and a two-hundred day moving average of $38.78. iShares U.S. Telecommunications ETF has a 12 month low of $28.13 and a 12 month high of $46.07.

iShares U.S. Telecommunications ETF Company 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.