RPS Advisory Solutions LLC Has $8.94 Million Holdings in iShares U.S. Telecommunications ETF $IYZ

RPS Advisory Solutions LLC boosted its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 7.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 263,764 shares of the exchange traded fund’s stock after buying an additional 18,787 shares during the period. iShares U.S. Telecommunications ETF accounts for 4.2% of RPS Advisory Solutions LLC’s investment portfolio, making the stock its 4th largest position. RPS Advisory Solutions LLC’s holdings in iShares U.S. Telecommunications ETF were worth $8,942,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of IYZ. Royal Bank of Canada boosted its stake in iShares U.S. Telecommunications ETF by 4.7% during the first quarter. Royal Bank of Canada now owns 165,327 shares of the exchange traded fund’s stock valued at $4,527,000 after buying an additional 7,358 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares U.S. Telecommunications ETF by 393.2% during the first quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock valued at $7,346,000 after buying an additional 213,827 shares in the last quarter. Jane Street Group LLC boosted its stake in iShares U.S. Telecommunications ETF by 126.6% during the first quarter. Jane Street Group LLC now owns 23,312 shares of the exchange traded fund’s stock valued at $639,000 after buying an additional 13,023 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in iShares U.S. Telecommunications ETF by 14.4% during the second quarter. Qube Research & Technologies Ltd now owns 184,398 shares of the exchange traded fund’s stock valued at $5,491,000 after buying an additional 23,215 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in iShares U.S. Telecommunications ETF by 15.4% during the second quarter. Raymond James Financial Inc. now owns 428,782 shares of the exchange traded fund’s stock valued at $12,769,000 after buying an additional 57,284 shares in the last quarter.

iShares U.S. Telecommunications ETF Stock Down 0.3%

Shares of IYZ stock opened at $42.83 on Wednesday. The stock has a 50-day simple moving average of $41.00 and a 200 day simple moving average of $36.94. iShares U.S. Telecommunications ETF has a fifty-two week low of $27.74 and a fifty-two week high of $43.71. The stock has a market capitalization of $790.21 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). 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.