Brown Brothers Harriman & Co. Invests $27,000 in iShares U.S. Telecommunications ETF (BATS:IYZ)

Brown Brothers Harriman & Co. purchased a new stake in iShares U.S. Telecommunications ETF (BATS:IYZ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,058 shares of the exchange traded fund’s stock, valued at approximately $27,000.

Other large investors also recently bought and sold shares of the company. CHICAGO TRUST Co NA purchased a new stake in shares of iShares U.S. Telecommunications ETF in the third quarter valued at approximately $219,000. Cetera Advisors LLC acquired a new position in iShares U.S. Telecommunications ETF during the first quarter worth $351,000. Dynamic Advisor Solutions LLC lifted its holdings in iShares U.S. Telecommunications ETF by 15.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 15,995 shares of the exchange traded fund’s stock valued at $347,000 after purchasing an additional 2,140 shares in the last quarter. Williams & Novak LLC grew its position in shares of iShares U.S. Telecommunications ETF by 16.4% in the second quarter. Williams & Novak LLC now owns 15,995 shares of the exchange traded fund’s stock valued at $347,000 after purchasing an additional 2,255 shares during the period. Finally, Blair William & Co. IL raised its position in shares of 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 Trading Down 0.2 %

Shares of iShares U.S. Telecommunications ETF stock opened at $27.66 on Friday. iShares U.S. Telecommunications ETF has a twelve month low of $26.56 and a twelve month high of $34.77. The firm’s 50-day moving average price is $26.10 and its 200 day moving average price is $23.58. The firm has a market capitalization of $277.98 million, a PE ratio of 13.32 and a beta of 0.86.

iShares U.S. Telecommunications ETF 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).