Nwam LLC Makes New $1.15 Million Investment in iShares U.S. Telecommunications ETF $IYZ

Nwam LLC bought a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 27,135 shares of the exchange traded fund’s stock, valued at approximately $1,148,000. Nwam LLC owned 0.15% of iShares U.S. Telecommunications ETF as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in IYZ. Bank of America Corp DE increased its position in iShares U.S. Telecommunications ETF by 25.5% during the first quarter. Bank of America Corp DE now owns 1,786,452 shares of the exchange traded fund’s stock worth $70,243,000 after acquiring an additional 363,423 shares during the period. Pinkerton Wealth LLC raised its position in shares of iShares U.S. Telecommunications ETF by 4.5% in the 4th quarter. Pinkerton Wealth LLC now owns 1,253,654 shares of the exchange traded fund’s stock valued at $42,499,000 after buying an additional 54,456 shares in the last quarter. BNP Paribas Financial Markets raised its position in iShares U.S. Telecommunications ETF by 50.0% during the third quarter. BNP Paribas Financial Markets now owns 851,301 shares of the exchange traded fund’s stock valued at $27,463,000 after purchasing an additional 283,692 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares U.S. Telecommunications ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 607,814 shares of the exchange traded fund’s stock worth $20,605,000 after buying an additional 13,608 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of iShares U.S. Telecommunications ETF by 22.4% in the third quarter. Millennium Management LLC now owns 475,604 shares of the exchange traded fund’s stock worth $15,343,000 after acquiring an additional 86,933 shares during the last quarter.

iShares U.S. Telecommunications ETF Price Performance

Shares of BATS:IYZ opened at $42.70 on Thursday. iShares U.S. Telecommunications ETF has a one year low of $31.06 and a one year high of $46.07. The company has a market cap of $787.82 million, a price-to-earnings ratio of 14.09 and a beta of 0.90. The firm has a 50 day simple moving average of $42.03 and a 200 day simple moving average of $41.59.

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.