iShares U.S. Telecommunications ETF $IYZ Shares Purchased by True Freedom Investing LLC

True Freedom Investing LLC grew its holdings in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 621.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,945 shares of the exchange traded fund’s stock after buying an additional 36,131 shares during the period. True Freedom Investing LLC owned 0.23% of iShares U.S. Telecommunications ETF worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Comprehensive Financial Planning Inc. PA bought a new position in iShares U.S. Telecommunications ETF in the 2nd quarter worth approximately $28,000. TD Waterhouse Canada Inc. acquired a new stake in iShares U.S. Telecommunications ETF in the 2nd quarter valued at approximately $28,000. Mondrian Investment Partners LTD bought a new stake in iShares U.S. Telecommunications ETF during the 3rd quarter valued at $26,000. Western Wealth Management LLC bought a new stake in iShares U.S. Telecommunications ETF during the 1st quarter valued at $34,000. Finally, MWA Asset Management bought a new stake in iShares U.S. Telecommunications ETF during the 1st quarter valued at $81,000.

iShares U.S. Telecommunications ETF Stock Performance

Shares of IYZ stock opened at $38.38 on Monday. iShares U.S. Telecommunications ETF has a 1 year low of $31.06 and a 1 year high of $46.07. The stock has a fifty day moving average of $41.62 and a two-hundred day moving average of $40.90. The firm has a market capitalization of $708.11 million, a PE 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). 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.