iShares U.S. Telecommunications ETF $IYZ Stock Holdings Raised by Pinkerton Wealth LLC

Pinkerton Wealth LLC raised its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,253,654 shares of the exchange traded fund’s stock after purchasing an additional 54,456 shares during the period. iShares U.S. Telecommunications ETF makes up approximately 4.3% of Pinkerton Wealth LLC’s holdings, making the stock its 3rd largest holding. Pinkerton Wealth LLC owned approximately 6.79% of iShares U.S. Telecommunications ETF worth $42,499,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Citigroup Inc. raised its position in iShares U.S. Telecommunications ETF by 140.2% during the third quarter. Citigroup Inc. now owns 2,085,584 shares of the exchange traded fund’s stock valued at $67,281,000 after purchasing an additional 1,217,487 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares U.S. Telecommunications ETF by 12.7% in the third quarter. Bank of America Corp DE now owns 1,617,687 shares of the exchange traded fund’s stock worth $52,187,000 after buying an additional 181,929 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Telecommunications ETF by 50.0% in the third quarter. BNP Paribas Financial Markets now owns 851,301 shares of the exchange traded fund’s stock worth $27,463,000 after buying an additional 283,692 shares during the period. Sherman Porfolios LLC increased its holdings in shares of iShares U.S. Telecommunications ETF by 2.0% in the third quarter. Sherman Porfolios LLC now owns 817,539 shares of the exchange traded fund’s stock worth $26,374,000 after buying an additional 15,728 shares during the period. Finally, Millennium Management LLC increased 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 buying an additional 86,933 shares during the period.

iShares U.S. Telecommunications ETF Trading Up 0.2%

IYZ opened at $42.92 on Thursday. The company has a market cap of $791.87 million, a P/E ratio of 14.09 and a beta of 0.90. The business’s 50-day moving average price is $41.08 and its 200-day moving average price is $37.01. iShares U.S. Telecommunications ETF has a 12 month low of $27.74 and a 12 month high of $43.71.

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). 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.