Verity & Verity LLC Purchases New Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

Verity & Verity LLC acquired a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 222,725 shares of the exchange traded fund’s stock, valued at approximately $5,976,000. Verity & Verity LLC owned about 2.22% of iShares U.S. Telecommunications ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in iShares U.S. Telecommunications ETF during the 3rd quarter worth approximately $27,000. FSA Wealth Management LLC acquired a new position in shares of iShares U.S. Telecommunications ETF in the 3rd quarter valued at $37,000. CHICAGO TRUST Co NA purchased a new stake in iShares U.S. Telecommunications ETF in the 3rd quarter valued at $219,000. City Center Advisors LLC acquired a new stake in iShares U.S. Telecommunications ETF during the 4th quarter worth $228,000. Finally, Blair William & Co. IL grew its position in iShares U.S. Telecommunications ETF by 35.0% during the 2nd quarter. Blair William & Co. IL now owns 16,207 shares of the exchange traded fund’s stock worth $352,000 after purchasing an additional 4,200 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Performance

BATS IYZ opened at $27.31 on Friday. iShares U.S. Telecommunications ETF has a one year low of $26.56 and a one year high of $34.77. The firm has a market cap of $274.42 million, a PE ratio of 13.32 and a beta of 0.86. The firm’s fifty day moving average is $27.28 and its two-hundred day moving average is $25.08.

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).