Freestone Capital Holdings LLC Raises Holdings in iShares U.S. Telecommunications ETF $IYZ

Freestone Capital Holdings LLC grew its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 110.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,190 shares of the exchange traded fund’s stock after purchasing an additional 9,017 shares during the period. Freestone Capital Holdings LLC owned approximately 0.09% of iShares U.S. Telecommunications ETF worth $512,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Croban grew its position in shares of iShares U.S. Telecommunications ETF by 0.6% during the second quarter. Croban now owns 75,634 shares of the exchange traded fund’s stock valued at $2,252,000 after purchasing an additional 454 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares U.S. Telecommunications ETF during the second quarter valued at about $32,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares U.S. Telecommunications ETF during the first quarter valued at about $44,000. Family Legacy Financial Solutions LLC purchased a new position in shares of iShares U.S. Telecommunications ETF during the second quarter valued at about $56,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of iShares U.S. Telecommunications ETF by 15.1% during the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 22,607 shares of the exchange traded fund’s stock valued at $621,000 after purchasing an additional 2,961 shares in the last quarter.

iShares U.S. Telecommunications ETF Price Performance

Shares of BATS IYZ opened at $32.06 on Wednesday. The business’s 50 day moving average is $32.28 and its two-hundred day moving average is $30.08. iShares U.S. Telecommunications ETF has a 1-year low of $21.55 and a 1-year high of $30.50. The stock has a market capitalization of $591.41 million, a P/E ratio of 14.09 and a beta of 0.90.

About iShares U.S. Telecommunications ETF

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).