HighTower Advisors LLC Has $799,000 Stock Position in iShares US Telecommunications ETF (BATS:IYZ)

HighTower Advisors LLC lowered its stake in iShares US Telecommunications ETF (BATS:IYZ) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,062 shares of the exchange traded fund’s stock after selling 494 shares during the quarter. HighTower Advisors LLC’s holdings in iShares US Telecommunications ETF were worth $799,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IYZ. Axiom Investment Management LLC raised its stake in iShares US Telecommunications ETF by 6,650.0% during the 1st quarter. Axiom Investment Management LLC now owns 2,025 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 1,995 shares during the period. FMR LLC raised its stake in iShares US Telecommunications ETF by 817.1% during the 1st quarter. FMR LLC now owns 3,008 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 2,680 shares during the period. Citigroup Inc. acquired a new stake in iShares US Telecommunications ETF during the 1st quarter worth $142,000. MML Investors Services LLC acquired a new stake in iShares US Telecommunications ETF during the 1st quarter worth $204,000. Finally, Sunbelt Securities Inc. acquired a new stake in iShares US Telecommunications ETF during the 1st quarter worth $213,000.

Shares of iShares US Telecommunications ETF stock opened at $33.21 on Tuesday. iShares US Telecommunications ETF has a 12 month low of $26.56 and a 12 month high of $34.77. The stock’s fifty day simple moving average is $33.88 and its 200 day simple moving average is $33.29.

iShares US Telecommunications ETF 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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Institutional Ownership by Quarter for iShares US Telecommunications ETF (BATS:IYZ)

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