Corient Private Wealth LLC Purchases 17,434 Shares of iShares U.S. Telecommunications ETF $IYZ

Corient Private Wealth LLC lifted its position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 96.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 35,531 shares of the exchange traded fund’s stock after acquiring an additional 17,434 shares during the quarter. Corient Private Wealth LLC owned approximately 0.19% of iShares U.S. Telecommunications ETF worth $1,205,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Advanced Asset Management Advisors Inc boosted its position in iShares U.S. Telecommunications ETF by 4.5% during the fourth quarter. Advanced Asset Management Advisors Inc now owns 6,605 shares of the exchange traded fund’s stock worth $224,000 after purchasing an additional 285 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 0.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 46,603 shares of the exchange traded fund’s stock valued at $1,580,000 after buying an additional 415 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares U.S. Telecommunications ETF by 1.1% during the 4th quarter. HighTower Advisors LLC now owns 39,612 shares of the exchange traded fund’s stock valued at $1,343,000 after buying an additional 428 shares in the last quarter. AlphaCore Capital LLC boosted its holdings in 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 worth $219,000 after buying an additional 500 shares during the period. Finally, CWM LLC boosted its holdings in iShares U.S. Telecommunications ETF by 28.2% in the 4th quarter. CWM LLC now owns 2,658 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 584 shares during the period.

iShares U.S. Telecommunications ETF Price Performance

iShares U.S. Telecommunications ETF stock opened at $41.80 on Thursday. The firm has a market capitalization of $771.21 million, a P/E ratio of 14.09 and a beta of 0.90. iShares U.S. Telecommunications ETF has a one year low of $29.15 and a one year high of $46.07. The business has a fifty day moving average price of $42.76 and a 200-day moving average price of $39.26.

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.