Envestnet Asset Management Inc. Sells 2,929 Shares of iShares US Telecommunications ETF (BATS:IYZ)

Envestnet Asset Management Inc. trimmed its position in shares of iShares US Telecommunications ETF (BATS:IYZGet Rating) by 5.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,296 shares of the exchange traded fund’s stock after selling 2,929 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares US Telecommunications ETF were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. US Bancorp DE raised its holdings in shares of iShares US Telecommunications ETF by 70.3% during the 1st quarter. US Bancorp DE now owns 4,231 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 1,747 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of iShares US Telecommunications ETF by 15.1% during the 1st quarter. Cetera Investment Advisers now owns 11,460 shares of the exchange traded fund’s stock worth $343,000 after acquiring an additional 1,507 shares in the last quarter. Veritable L.P. raised its holdings in shares of iShares US Telecommunications ETF by 23.2% during the 1st quarter. Veritable L.P. now owns 13,693 shares of the exchange traded fund’s stock worth $409,000 after acquiring an additional 2,580 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of iShares US Telecommunications ETF during the 1st quarter worth approximately $602,000. Finally, Lumature Wealth Partners LLC raised its holdings in shares of iShares US Telecommunications ETF by 11.8% during the 1st quarter. Lumature Wealth Partners LLC now owns 25,414 shares of the exchange traded fund’s stock worth $760,000 after acquiring an additional 2,680 shares in the last quarter.

iShares US Telecommunications ETF Stock Performance

BATS:IYZ opened at $23.27 on Wednesday. The stock’s fifty day moving average is $22.13 and its 200 day moving average is $24.48. iShares US Telecommunications ETF has a fifty-two week low of $26.56 and a fifty-two week high of $34.77.

iShares US Telecommunications ETF Profile

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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).

See Also

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Institutional Ownership by Quarter for iShares US Telecommunications ETF (BATS:IYZ)

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