Ashford Capital Management Inc. purchased a new position in shares of Ishares Trust Dj Us Telecom (BATS:IYZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,448 shares of the exchange traded fund’s stock, valued at approximately $807,000. Ashford Capital Management Inc. owned approximately 0.22% of Ishares Trust Dj Us Telecom at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of IYZ. Patriot Wealth Management Inc. bought a new stake in Ishares Trust Dj Us Telecom during the fourth quarter worth $8,109,000. The Manufacturers Life Insurance Company raised its position in Ishares Trust Dj Us Telecom by 8,739.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 60,375 shares of the exchange traded fund’s stock worth $1,776,000 after acquiring an additional 59,692 shares in the last quarter. Timber Hill LLC raised its position in shares of Ishares Trust Dj Us Telecom by 509.0% in the fourth quarter. Timber Hill LLC now owns 58,168 shares of the exchange traded fund’s stock valued at $1,711,000 after purchasing an additional 48,617 shares during the period. LPL Financial LLC raised its position in shares of Ishares Trust Dj Us Telecom by 40.0% in the fourth quarter. LPL Financial LLC now owns 57,146 shares of the exchange traded fund’s stock valued at $1,681,000 after purchasing an additional 16,326 shares during the period. Finally, Scotia Capital Inc. bought a new position in shares of Ishares Trust Dj Us Telecom in the fourth quarter valued at about $453,000.
Shares of IYZ traded up $0.16 during trading hours on Thursday, hitting $27.72. The company had a trading volume of 54,402 shares. Ishares Trust Dj Us Telecom has a 12 month low of $26.56 and a 12 month high of $34.77.
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About Ishares Trust Dj Us Telecom
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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