iShares U.S. Telecommunications ETF $IYZ Stock Position Decreased by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 12.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 159,060 shares of the exchange traded fund’s stock after selling 23,492 shares during the period. CoreCap Advisors LLC’s holdings in iShares U.S. Telecommunications ETF were worth $5,392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. WFA of San Diego LLC bought a new position in shares of iShares U.S. Telecommunications ETF during the second quarter valued at approximately $25,000. Assetmark Inc. raised its position 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 worth $29,000 after purchasing an additional 782 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of iShares U.S. Telecommunications ETF in the 2nd quarter worth approximately $32,000. Miller Global Investments LLC bought a new stake in shares of iShares U.S. Telecommunications ETF in the 4th quarter worth approximately $60,000. Finally, Steward Partners Investment Advisory LLC boosted its position in iShares U.S. Telecommunications ETF by 202.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 4,229 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 2,830 shares during the period.

iShares U.S. Telecommunications ETF Price Performance

Shares of IYZ opened at $39.86 on Friday. The company has a market cap of $735.42 million, a P/E ratio of 14.09 and a beta of 0.90. The stock has a fifty day moving average price of $37.97 and a 200 day moving average price of $34.58. iShares U.S. Telecommunications ETF has a 12 month low of $23.95 and a 12 month high of $41.03.

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.