Rockefeller Capital Management L.P. Decreases Stake in iShares U.S. Telecommunications ETF (BATS:IYZ)

Rockefeller Capital Management L.P. cut its stake in shares of iShares U.S. Telecommunications ETF (BATS:IYZ) by 10.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,028 shares of the exchange traded fund’s stock after selling 2,093 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.18% of iShares U.S. Telecommunications ETF worth $455,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IYZ. Cetera Advisors LLC purchased a new stake in iShares U.S. Telecommunications ETF in the 1st quarter valued at $351,000. Dynamic Advisor Solutions LLC increased its position in iShares U.S. Telecommunications ETF by 15.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 15,995 shares of the exchange traded fund’s stock worth $347,000 after purchasing an additional 2,140 shares in the last quarter. Raymond James & Associates grew its position in shares of iShares U.S. Telecommunications ETF by 6.8% during the second quarter. Raymond James & Associates now owns 69,720 shares of the exchange traded fund’s stock worth $1,514,000 after buying an additional 4,448 shares in the last quarter. Family Firm Inc. lifted its stake in iShares U.S. Telecommunications ETF by 11.5% in the second quarter. Family Firm Inc. now owns 18,933 shares of the exchange traded fund’s stock valued at $411,000 after buying an additional 1,955 shares during the last quarter. Finally, Destination Wealth Management lifted its stake in iShares U.S. Telecommunications ETF by 2.7% in the second quarter. Destination Wealth Management now owns 76,173 shares of the exchange traded fund’s stock valued at $1,654,000 after buying an additional 2,009 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Performance

Shares of IYZ opened at $27.41 on Wednesday. The firm has a market capitalization of $275.47 million, a price-to-earnings ratio of 13.32 and a beta of 0.86. iShares U.S. Telecommunications ETF has a one year low of $26.56 and a one year high of $34.77. The stock’s fifty day moving average is $26.60 and its 200-day moving average is $23.99.

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).