33,379 Shares in iShares U.S. Telecommunications ETF $IYZ Acquired by JNBA Financial Advisors

JNBA Financial Advisors acquired a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 33,379 shares of the exchange traded fund’s stock, valued at approximately $1,412,000.

A number of other hedge funds have also recently added to or reduced their stakes in IYZ. Commonwealth Equity Services LLC grew its stake in shares of iShares U.S. Telecommunications ETF by 0.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 46,603 shares of the exchange traded fund’s stock worth $1,580,000 after buying an additional 415 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 1.1% in the 4th quarter. HighTower Advisors LLC now owns 39,612 shares of the exchange traded fund’s stock valued at $1,343,000 after acquiring an additional 428 shares during the last quarter. AlphaCore Capital LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 8.4% in the 4th quarter. AlphaCore Capital LLC now owns 6,457 shares of the exchange traded fund’s stock valued at $219,000 after acquiring an additional 500 shares during the last quarter. CWM LLC boosted its holdings in shares of iShares U.S. Telecommunications ETF by 28.2% during the 4th quarter. CWM LLC now owns 2,658 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 584 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of iShares U.S. Telecommunications ETF by 2.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 26,577 shares of the exchange traded fund’s stock valued at $901,000 after acquiring an additional 609 shares in the last quarter.

iShares U.S. Telecommunications ETF Stock Up 0.2%

Shares of IYZ stock opened at $43.12 on Tuesday. iShares U.S. Telecommunications ETF has a twelve month low of $31.06 and a twelve month high of $46.07. The stock’s fifty day simple moving average is $41.99 and its 200 day simple moving average is $41.53. The firm has a market capitalization of $795.56 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.