Lakeshore Capital Group Inc. trimmed its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,859 shares of the exchange traded fund’s stock after selling 2,129 shares during the period. Lakeshore Capital Group Inc.’s holdings in iShares U.S. Telecommunications ETF were worth $919,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the company. Yeomans Consulting Group Inc. bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at about $1,048,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares U.S. Telecommunications ETF by 200.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,800 shares of the exchange traded fund’s stock valued at $143,000 after acquiring an additional 3,200 shares during the period. Narus Financial Partners LLC bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at about $214,000. Family Legacy Financial Solutions LLC bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at about $56,000. Finally, Lifestyle Asset Management Inc. bought a new stake in iShares U.S. Telecommunications ETF during the second quarter valued at about $999,000.
iShares U.S. Telecommunications ETF Price Performance
IYZ stock opened at $32.51 on Wednesday. iShares U.S. Telecommunications ETF has a 52-week low of $21.55 and a 52-week high of $30.50. The company has a 50-day moving average of $31.35 and a two-hundred day moving average of $29.12. The stock has a market capitalization of $599.72 million, a price-to-earnings ratio of 14.09 and a beta of 0.90.
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).
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