15,184 Shares in iShares U.S. Telecommunications ETF (BATS:IYZ) Acquired by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC purchased a new position in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,184 shares of the exchange traded fund’s stock, valued at approximately $346,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Dakota Wealth Management increased its stake in iShares U.S. Telecommunications ETF by 21.8% during the fourth quarter. Dakota Wealth Management now owns 489,571 shares of the exchange traded fund’s stock worth $11,143,000 after acquiring an additional 87,786 shares during the last quarter. Williams & Novak LLC purchased a new position in iShares U.S. Telecommunications ETF in the fourth quarter valued at approximately $313,000. International Assets Investment Management LLC acquired a new position in iShares U.S. Telecommunications ETF during the fourth quarter valued at approximately $363,000. Chevy Chase Trust Holdings LLC acquired a new position in iShares U.S. Telecommunications ETF during the fourth quarter valued at approximately $209,000. Finally, DAVENPORT & Co LLC grew its stake in iShares U.S. Telecommunications ETF by 36.4% during the fourth quarter. DAVENPORT & Co LLC now owns 23,599 shares of the exchange traded fund’s stock worth $537,000 after buying an additional 6,296 shares during the period.

iShares U.S. Telecommunications ETF Stock Up 0.6 %

Shares of IYZ stock traded up $0.13 during mid-day trading on Thursday, reaching $20.60. The company’s stock had a trading volume of 439,076 shares. The company’s 50 day simple moving average is $21.73 and its 200-day simple moving average is $21.87. iShares U.S. Telecommunications ETF has a 12-month low of $26.56 and a 12-month high of $34.77. The firm has a market capitalization of $223.51 million, a PE ratio of 13.37 and a beta of 0.95.

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).