Wells Fargo & Company MN Cuts Holdings in iShares US Telecommunications ETF (BATS:IYZ)

Wells Fargo & Company MN lessened its position in shares of iShares US Telecommunications ETF (BATS:IYZ) by 0.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 280,656 shares of the exchange traded fund’s stock after selling 1,573 shares during the period. Wells Fargo & Company MN’s holdings in iShares US Telecommunications ETF were worth $6,974,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC lifted its stake in shares of iShares US Telecommunications ETF by 817.1% in the 1st quarter. FMR LLC now owns 3,008 shares of the exchange traded fund’s stock valued at $90,000 after purchasing an additional 2,680 shares in the last quarter. Comerica Bank acquired a new position in iShares US Telecommunications ETF during the fourth quarter valued at approximately $401,000. Envestnet Asset Management Inc. lifted its position in iShares US Telecommunications ETF by 15.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,470 shares of the exchange traded fund’s stock valued at $1,209,000 after buying an additional 5,531 shares in the last quarter. Prudential Financial Inc. grew its stake in iShares US Telecommunications ETF by 37.2% during the fourth quarter. Prudential Financial Inc. now owns 14,680 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 3,980 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of iShares US Telecommunications ETF by 169.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 191,176 shares of the exchange traded fund’s stock worth $5,712,000 after acquiring an additional 120,124 shares in the last quarter.

BATS:IYZ opened at $27.56 on Wednesday. The firm’s fifty day simple moving average is $27.63 and its 200 day simple moving average is $28.08. iShares US Telecommunications ETF has a twelve month low of $26.56 and a twelve month high of $34.77.

About iShares US 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).

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

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