Envestnet Asset Management Inc. lowered its stake in iShares US Telecommunications ETF (BATS:IYZ) by 27.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,939 shares of the exchange traded fund’s stock after selling 12,941 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares US Telecommunications ETF were worth $1,020,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of IYZ. Toth Financial Advisory Corp raised its stake in iShares US Telecommunications ETF by 0.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 79,981 shares of the exchange traded fund’s stock valued at $2,335,000 after purchasing an additional 580 shares during the period. Polianta Ltd acquired a new stake in iShares US Telecommunications ETF during the 3rd quarter valued at $11,528,000. Rehmann Capital Advisory Group acquired a new stake in iShares US Telecommunications ETF during the 2nd quarter valued at $29,000. Atria Investments LLC raised its stake in iShares US Telecommunications ETF by 16.9% during the 2nd quarter. Atria Investments LLC now owns 12,971 shares of the exchange traded fund’s stock valued at $212,000 after purchasing an additional 1,872 shares during the period. Finally, Royal Bank of Canada raised its stake in iShares US Telecommunications ETF by 7.3% during the 2nd quarter. Royal Bank of Canada now owns 125,625 shares of the exchange traded fund’s stock valued at $3,701,000 after purchasing an additional 8,557 shares during the period.

Shares of BATS:IYZ opened at $29.97 on Friday. The company’s fifty day moving average is $29.24 and its two-hundred day moving average is $29.37. iShares US Telecommunications ETF has a 12-month low of $26.56 and a 12-month high of $34.77.

About iShares US 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).

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Institutional Ownership by Quarter for iShares US Telecommunications ETF (BATS:IYZ)

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