Harmony Asset Management LLC Buys New Shares in iShares U.S. Telecommunications ETF $IYZ

Harmony Asset Management LLC bought a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,419 shares of the exchange traded fund’s stock, valued at approximately $930,000. Harmony Asset Management LLC owned 0.15% of iShares U.S. Telecommunications ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IYZ. Royal Bank of Canada lifted its holdings in iShares U.S. Telecommunications ETF by 4.7% in 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 during the period. Goldman Sachs Group Inc. lifted its holdings in iShares U.S. Telecommunications ETF by 393.2% in 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 during the period. Jane Street Group LLC lifted its holdings in iShares U.S. Telecommunications ETF by 126.6% in 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 during the period. Qube Research & Technologies Ltd lifted its holdings in iShares U.S. Telecommunications ETF by 14.4% in 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 during the period. Finally, Raymond James Financial Inc. lifted its holdings in iShares U.S. Telecommunications ETF by 15.4% in 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 during the period.

iShares U.S. Telecommunications ETF Stock Up 0.2%

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

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.